Asia
concerns over asia passporting threat
Concerns that a move to create a mutual recognition fund market between Hong Kong and China, which ultimately could be expanded regionally across Asia, poses a threat to Europe’s Ucits brand are “overstated” at least for now, according to Cerulli, the research organisation.
Singapore and China agree pact for RQFII currency trade
In a bid to strengthen cooperation on financial sector development and regulation, Singapore and China today agreed on series of initiatives that will further promote the international use of the Renminbi through Singapore.
blackstone sets up office in singapore
Buoyed by the growing opportunities in the Asian region, alternative asset manager Blackstone, has set up its first office in Singapore.
nikko buys treasury asia asset management
Nikko Asset Management has acquired Asia-Pacific boutique investment manager Treasury Asia Asset Management (TAAM).
malaysia and uae central bankers sign pact
The central banks of Malaysia and the United Arab Emirates have today signed an agreement to encourage closer economic ties between the two countries, including in the area of Islamic finance.