Sovereign wealth funds re-think diversification and portfolio resilience: Study
Portfolio resilience is now central to sovereign wealth funds’ portfolios, according to an Invesco survey.
Lim will lead the private bank’s expansion into the region’s UHNW market.
Wyn James is appointed to the newly created role.
Schroders Wealth Management has hired Sharon Sim as head of business development, Asia.
Zhou moves to his new role from UOB China.
Kent Lee and Divik Maheshwari become co-heads of FX advisory.
Infinity FA, SG Alliance, and PromiseLand will join as member firms.
DBS Group said growth in its wealth management business was driven largely by high investment product sales.
BlackRock has received approval from the Monetary Authority of Singapore (MAS) to launch the fund as part of the MAS Equity Market Development Programme (EQDP).
The Amova Singapore Dividend Equity fund will focus on local companies providing sustainable dividend growth.
Wealthy, young Singaporeans favour ETFs, crypto and individual stocks.
The $5bn fund is the first Federated Hermes strategy to receive retail registration in Asia Pacific.
Singapore’s equity market resurgence is the start of a multi-year journey, according to investment managers at Fullerton Fund Management.