Asia
mas promoting islamic finance is not just
A top official in the Monetary Authority of Singapore has stressed that the promotion of the island’s Islamic finance industry remains key, even though two tax incentives aimed at promoting it were allowed to lapse recently.
hsbc sells singapore life business to axa
HSBC is to sell part of its Singapore insurance business to AXA in a deal worth $19.3m.
consultation feedback singapores mas shows
Singapore’s financial services regulator has published its response to comments it received on proposed changes to the regulation of locally active insurers’ investment activities, and indicated a strong preference for keeping key elements of these insurers’ businesses within its borders.
barings acquire top korea asset mgr
Baring Asset Management has boosted its assets under management by around $7.4bn through the acquisition of independent asset manager SEI Asset Korea Co (SEIAK).
hedge fund assets surge in hong kong
Hedge fund assets under management in Hong Kong have increased by more than a third over the past two years, according to a survey released by the HK Securities and Futures Commission.