fund management

The 12 funds were previously only available to institutional and accredited investors in Singapore.

The fund declines are occurring during the most turbulent period for the S&P 500 since the global financial crisis of 2008.

UOB achieved record fee income of $638 million for the period, up 22% q-o-q.

Singapore’s position as a fund management and wealth management centre was further enhanced this year with the launch of the variable capital com-pany (VCC) structure by the Monetary Authority of Singapore (MAS) and the Accounting a

More than half, or 53% of the respondents, believe that the initial volatility caused by the coronavirus crisis as driven more by sentiment than by fundamentals.

SINGAPORE (Mar 20): RHB is resuming coverage on City Developments (CDL) with an upgrade to “buy” from “take profit”, and a revised target price of $15 from $11.30 previously on expectations of an impending recovery of the residential segment this

SINGAPORE (June 15): Singapore eDevelopment (SeD) says its Global Systematic Multi-Strategy Fund has achieved a gross and net return of 15% and 10% respectively in its first year of operation.

SINGAPORE (March 31): Marvelstone Capital plans to launch a new robo-advisor platform in 3Q this year, which is to be available on desktop and mobile for the asset management company’s clients.

SINGAPORE (March 17): Shanghai Richmont Equity Investment Management (Richmont Capital), the wholly-owned fund management subsidiary of property developer CWG International, will be launching a US$20 million ($28 million) overseas property fund to invest

SINGAPORE (Nov 23): UOB Kay Hian has started coverage of Global Logistic Properties (GLP) with a “buy” call and target price of $2.40, citing its transformation into an asset-light model.