Asia
aberdeen veteran hugh young warns of soft closure
Singapore-based Aberdeen veteran fund manager Hugh Young has warned that a sudden $5bn inflow to its Asia Pacific strategy could force its flagship $10.3bn Sicav fund to soft close to new business.
singapore central bank opens up office in beijing
In a further strengthening of economic ties between Singapore and China, the Monetary Authority of Singapore has opened up its Beijing Representative Office.
julius baer begins integration of hk and singapore
Julius Baer has begun the integration of the Hong Kong and Singapore based portion of Merrill Lynch’s International Wealth Management business.
ubs securities handed fine in hong kong
UBS Securities Hong Kong has been fined and reprimanded following a Securities and Futures Commission investigation.
sfc plans overhaul of professional investor
Hong Kong’s Securities and Futures Commission (SFC) has begun a three-month consultation on proposals to overhaul the regulations governing its professional investor regime.