China's FX regulator awarded $2.75 billion in quota to nine foreign firms last month, with further liberalisation expected to be announced by the CSRC as early as this month.
Darren Tay, who runs the dealing desk at the Singaporean fund house, outlines some of his concerns, including market fragmentation and changing market microstructures.
The Singapore sovereign wealth fund has hired a new senior manager in a move industry observers see as another step in the succession plan for CEO Ho Ching.
Choy Peng-Wah joins Harvest Global Investments in Hong Kong as Michele Bang returns to Deutsche Asset Management and Lindsay Wright focuses on alternatives.