Asia
Australia’s Easton acquires stake in AAM
Easton Investments, a Melbourne, Australia-based, Australian Securities Exchange-listed company, is purchasing a 19.9% stake in Singapore’s AAM Advisory, as it seeks to boost its presence in the booming southeast Asian city-state.
singapores mas consulting insurers on
Singaporean insurers and others are being invited to submit their views on a plan by Singapore's regulator to tighten up on the rules under which direct general insurers and reinsurers in the city-state are permitted to carry out their investment management activities.
now india moves to regulate financial
India has become the latest country to move to increase the oversight of those who provide investment advice and products to its citizens, with the publication this week of new regulations targeting investment advisers.
sli announces wholesale expansion plans for asia
Standard Life Investments has appointed Allen Wang as head of Asia institutional business, as part of a wider growth strategy in the region which also sees other senior investment directors move east.
Hong Kong to create platform to allow cross border fund distributionund
Hong Kong’s Securities and Futures Commission has announced plans to create a mutual fund platform which will allow asset managers in HK to distribute funds into mainland China and Chinese managers to distribute into Hong Kong.