Singapore
Singapore’s IMA unveils fund risk guidelines
The Investment Management Association of Singapore has released a set of guidelines for fund management firms to better understand the potential risks of the products they sell.
Singapore outpacing Hong Kong for millionaires
The population of millionaires in Singapore is expected to grow by more than 18.3% by 2020, compared with 15.6% in Hong Kong.
Generali: Life firms should be responsible for product understanding
Life companies in Singapore should be responsible for ensuring advisers have a clear understanding of products and how they meet customers’ needs, Generali International’s head of sales has said in response to a fresh review by the Monetary Authority of Singapore.
Singapore kick-starts cross-border initiatives with China
Singapore is set to kick off a number of initiatives which aim to bolster financial cooperation with China, including doubling the city state’s renminbi qualified foreign institutional investor (RQFII) quota.
Aviva launches two multi-strategy products
In Singapore, Aviva Investors has launched two sub-funds of its Luxembourg-domiciled multi-asset products.