Phillip Capital selects BNP Paribas for Singapore funds
The deal will help Phillip Capital enhance its operations and fulfil regulatory requirements.
Asia
Steinmueller to head up Asia for Deutsche Bank
Steinmuller will become first management board member based in Asia Pacific region.
Deutsche Bank Singapore secures Singapore PE mandate
The mandate marks Singapore’s first collateralised fund obligation.
Asian countries agree fund passporting rules
Five countries have agreed on a memorandum on the Asian passport scheme
Brexit sees Asian clearers hike margins
UK decision to leave the EU is seeing Asian clearers demanding higher margins on some contracts.
HSBC still upbeat on China despite MSCI snub
Despite expectations that MSCI would include China in its key benchmarks this year being dashed, HSBC says there is still much to be hopeful about.