Singapore
Asia plans to rival Europe with UCITS like regime
Singapore, Australia, Korea, New Zealand, the Philippines and Thailand have begun a joint consultation on the rules and regulations for operating the Asia Region Funds Passport, a framework which will look similar to recent UCITS legislation in Europe.
manulife am to strengthen singapore fixed
Manulife Asset Management has appointed Endre Pederson as senior managing director of its Singapore based Asian fixed income team, as it makes the country the hub for its ASEAN operations.
gic opens brazil office
GIC, Singapores sovereign wealth fund, has opened a new office in Brazil to focus on investment opportunities in Latin America.
ocbc bank offer to acquire hk wing hang bank
Singapore’s Oversea-Chinese Banking Corporation has made an offer to acquire Hong Kong-based Wing Hang Bank to expand its business in North Asia.
temasek sets up london office
Singapore-based investment company Temasek has set up an office in London to support its investment interests in Europe, Middle East, and Africa.