Published by Wealth Briefing Asia – 19th July 2017
The investment house is launching a raft of funds for the Singapore market, and giving a debut to a multi-asset strategy in the jurisdiction at a time of uncertainties around global markets.
Published by Nikkei Asian Review – 19th July 2017
HONG KONG – After years of lobbying by concern groups, Asia’s leading public institutional investors and a growing number of their private peers are embracing sustainable investing principles in their decision-making about which assets to buy and sell.
BNP Paribas SA agreed to pay $246 million to settle Federal Reserve allegations that the bank failed to keep its currency traders from using electronic chatrooms to manipulate prices.
Published by Asia Asset Management – 18th July 2017
Gigi Chan, the chief operating officer and head of Asia-Pacific at Janus Capital since 2011, is set to leave at the end of July following the recent merger between the US company and London-based Henderson Global Investors, according to an email to clients seen by Asia Asset Management (AAM).
SINGAPORE (Reuters) – Asian sovereign investors are increasingly adding non-public firms to their portfolios amid pricey stock markets, a strategy that could be risky as they compete head-on for such deals with cashed-up private funds.
Published by Singapore Business Review – 18th July 2017
As things get disrupted within the Singaporean financial world with new tech, it’s no surprise that the way we use currency is being affected as well. In February, it was reported that Numerai— a new kind of hedge fund built by a network of data scientists—started issuing a new digital currency. Its aim? To turn Wall Street into a place where everyone’s on the same team. Could the same come to Singapore?
The global hedge fund industry averaged positive returns for each of the first six months of the year for the first time since 2007, according to data provider Preqin.
ZURICH (Reuters) – Switzerland’s EFG International (EFGN.S) and Brazil’s BTG Pactual (BPAC3.SA) have struck a deal on the final price for BSI Bank at just under 1 billion Swiss francs ($1.04 billion), after billions in outflows at BSI had pushed down the value of the transaction.
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