Other firms are also expecting regulators to relax rules that will allow them to offer products to retail investors by 2021, according to a local media report.
Credit Suisse has reached an agreement with Founder Securities to increase its shareholding in its Credit Suisse Founder Securities (“CSFS”) joint venture, subject to regulatory approvals.
Published by Asia Asset Management – 12th Apr 2019
The Malaysian unit of Eastspring Investments Ltd. has hired Khadijah Sairah Ibrahim to head its Islamic asset management arm to spearhead growth of a business conforming to religious principles in the Muslim-majority country.
Published by Asia Asset Management – 12th Apr 2019
Asia’s large investors almost doubled their allocations to exchange-traded funds (ETFs) last year as they looked to diversify their portfolios and also adjust to short-term market fluctuations, according to an annual study by BlackRock and US financial consultancy Greenwich Associates.
Scottish asset manager Aberdeen Standard Investments has hired Ben Sheehan for the newly created position of senior equity investment specialist for Asia Pacific.
Separately, the firm has also received a capital market services licence from the Monetary Authority of Singapore.
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