Asia
lg im launches institutional business in asia
Legal & General Investment Management has launched an institutional Asia Pacific business based in Hong Kong.
assets under management in singapore leapt
It's not exactly a secret that Singapore is increasingly becoming Asia’s wealth management centre of choice as well as the choice of growing numbers of individuals living in many other corners of the globe and this was reinforced today in a wide-ranging report by the city-state’s regulator.
magnus heads new evercore singapore branch
US Banking advisory firm Evercore is to establish a Singapore office and has hired Keith Magnus – currently head and chairman of UBS’ Singapore and Malaysia Investment Banking division – to run the new SE Asian branch.
fpi to stop top ups and premium increases
Friends Provident International is to stop accepting premium increases and top-ups on existing policies from Japanese residents later this month.
hong kong legco passes trust law
In what has been described as a bid to boost the competitiveness of Hong Kong’s asset management industry, Hong Kong's Legislative Council has approved proposed amendments to the jurisdiction’s trust laws.