Asia
MAS fee disclosure proposal presents a ‘challenging timescale’
The six month window which the Monetary Authority of Singapore said it will give providers of investment-linked products (ILP) to standardise the way charges are presented to customers is expected to be a “challenging timescale”, Old Mutual International has said.
CCBI renminbi ETF listed on Paris stock market
Hong Kong-based, CCB International Asset Management, has launched an exchange traded fund which it said is the first renminbi-dominated ETF to be listed in Paris.
Ashmore launches equity fund focused on Chinese share growth
Emerging markets specialist Ashmore has launched a Chinese equity fund which will invest in companies with mid to long term growth potential across the country’s onshore and offshore markets.
MAS calls for clarity over charges for investment-linked policies
The Monetary Authority of Singapore has proposed that insurers standardise the way fees and charges for investment-linked policies (ILPs) are presented to make it clear to customers what they are buying.
Capstone Financial launches in-house DFM service
Hong Kong-based advisory firm, the Capstone Financial Group, has unveiled its own discretionary fund management (DFM) service to help centralise client accounts and steer the business towards a fully fee-based structure.