Singapore
Fees key to Asian fund sales
Retail investors in Hong Kong, Singapore and South Korea are most influenced by fund fees in their investment decisions, but Taiwan is different, according to a BNY study.
Jersey’s Enhance Group to open Asia office
Jersey-based investment and wealth consultancy Enhance Group said it will open a Singapore office to tap into the growth of private wealth across Asia.
MAS fee disclosure proposal presents a ‘challenging timescale’
The six month window which the Monetary Authority of Singapore said it will give providers of investment-linked products (ILP) to standardise the way charges are presented to customers is expected to be a “challenging timescale”, Old Mutual International has said.
Standard Life pulls out of Singapore
Standard Life is to close its insurance operation in Singapore and will stop accepting new business with immediate effect.
MAS backs framework for resolving cross-border institutional issues
The Monetary Authority of Singapore has underlined the importance of establishing cross-border cooperation with authorities around the world to help resolve issues with financial institutions with a parent company based outside of the city state.