Asia
singapore malaysia thailand in fund sales pact
The Monetary Authority of Singapore, the Securities Commission of Malaysia, and Securities and Exchange Commission of Thailand have entered into an agreement to facilitate cross-border offering of collective investment schemes to retail investors in the three countries.
Julius Baer Singapore to vigorously contest claim
Julius Baer has said that it would ‘vigorously contest’ a S$100m (74m/£62m) claim which has been brought against it for alleged damages/losses incurred by the bank arising from share accumulator transactions in 2007 and 2008.
Asia-Pacific poised to be largest wealth market
The Asia-Pacific region is poised to become the largest wealth market as early as 2014, far outpacing other geographies, according to a survey by Capgemini and RBC Wealth Management.
Vietnam ucits overseen by female trio
One of SE Asia’s biggest asset managers has launched an actively-managed Ucits equity fund aimed at international investors wishing to gain exposure to Vietnam’s public equity markets.
hong kong managers in race to introduce
Hong Kong-based fund managers are “racing” to introduce Hong Kong-domiciled funds, ahead of plans for a “mutual recognition” programme that will enable them to be sold in mainland China, according to a report published today.