Apec ministers from Singapore, South Korea, Australia and New Zealand agree to develop a framework to facilitate regional cross-border fund sales in a move that could reshape the industry.
Hong Kong financial advisers are more concerned about the potential impact of changing rules than their peers in Singapore, pointing to a communication breakdown, finds a Skandia survey.
The tiny island’s banking crisis will inevitably drive high-net-worth money to the exits, with Singapore in particular among those well placed to fill the gap, writes Scorpio Partnership.
GIC's chair of global investments talks about why the Singaporean state fund is less transparent than many peers, its use of asset managers and the failings of some sovereign investors.
The Monetary Authority of Singapore has set out recommendations from its Financial Advisory Industry Review. Insurers may be relieved the rules don't go as far as some expected.
Cross-border trading in ETFs, Reits and sukuk will soon be possible on the Asean Trading Link as exchanges strive to improve foreign investors' access to a broader product range.
Taking its cue from greater on-exchange activity in A-share ETFs, the bank has invested in a new market-making system for providing on-screen quotes to the retail segment.