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6 days ago | 
citywire.com | James Phillipps
Investors remain bulls on gold, but are growing wary of a short-term pullback as hopes mount that US president Donald Trump will reduce tariffs on China.
Rising tensions between India and Pakistan look set to keep geopolitical tensions high, underscoring why demand for the precious metal remains strong, with prices close to record highs. But rebounding stock markets could tempt more investors to adopt a risk on stance.
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1 week ago | 
citywire.com | James Phillipps
Bank of Singapore has appointed Emmanuel Bucaille to lead product development at its investment solutions group.
Bucaille, who previously headed platforms and transformation, takes on the official title of head of new product development, according to his LinkedIn update. The investment solutions group globally is led by Vivienne Chia.
Bank of Singapore has been approached for comment. Already have an account? Do you personally advise on or manage investments for clients?
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1 week ago | 
citywire.com | James Phillipps
Sun Life is zeroing in on Singapore family offices and plans to recruit a team with strong connections to the fast-growing sector.
The insurance giant is also readying indexed universal life products for the Hong Kong wealth market and looking at opening an office in Dubai to capture money flooding into the region.
Karim Gilani (pictured), Sun Life’s president of Greater China, Singapore and international high net worth, said the firm wants to be in a position to tap into new wealth flows.
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1 week ago | 
citywire.com | James Phillipps
Sun Life is zeroing in on Singapore family offices and plans to recruit a team with strong connections to the fast-growing sector.
The insurance giant is also readying indexed universal life products for the Hong Kong wealth market and looking at opening an office in Dubai to capture money flooding into the region.
Karim Gilani (pictured), Sun Life’s president of Greater China, Singapore and international high net worth, said the firm wants to be in a position to tap into new wealth flows.
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1 week ago | 
citywire.com | James Phillipps
Franklin Templeton’s recently launched semi-liquid secondaries fund is to be available through Singapore platform ADDX.
The Franklin Lexington Private Equity Secondaries fund, Franklin’s first for wealthy investors outside of the US, launched with $875 already raised last week.
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1 week ago | 
citywire.com | James Phillipps
Eastspring Investments has added four funds to the range it offers Singapore retail investors, Citywire Asia can reveal.
The asset manager is the latest in a slew of firms building out their retail ranges in the key Asian markets of Hong Kong and Singapore.
The four Luxembourg-domiciled funds Eastspring has registered in the Republic comprise three multi-asset portfolios and its Asian Opportunities Equity strategy. Already have an account?
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2 weeks ago | 
citywire.com | James Phillipps
FSSA Investment Managers has beefed up its Asia investment team with two hires, while its parent group First Sentier Investors, bolster its leadership with a key appointment.
First Sentier Investors named Jamie Downing as head of distribution for Europe, the Middle East and Africa.
Downing joins from bfinance, where he was global head of client consulting. His hire follows a reshuffle last November that elevated Lauren Prendiville to global head of distribution and marketing.
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2 weeks ago | 
citywire.com | James Phillipps
MSCI is developing a range of artificial intelligence-powered tools designed to reduce wealth managers’ admin around client reporting.
The US firm wants to drive efficiencies at wealth firms, weaning them off legacy systems and an ongoing reliance on spreadsheets.
It is working on tech enabling advisors to quickly analyse client portfolios and past meeting notes, combining that with in-house investment notes to provide summaries and prompts ahead of meetings. Already have an account?
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2 weeks ago | 
citywire.com | James Phillipps
Union Bancaire Privée’s Michael Ostro sees a ‘powerful opportunity’ to snap up out of favour commercial property in Manhattan and convert it into prime residential.
The Swiss private bank wants to take advantage of the excess supply in the New York borough’s office sector, which is in stark contrast to the lack of new housing.
‘It’s an obvious dislocation. Commercial to residential in tier one US cities is a really powerful opportunity,’ Ostro said.
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3 weeks ago | 
citywire.com | James Phillipps
Nomura International Wealth Management has bolstered its investment team with the hire of Indosuez’s former head of funds Asia.
Hakim Naji joins the Japanese bank as a funds specialist, reporting to Connie Sin, head of funds and alternative investments.
Nomura declined to comment. Already have an account? Do you personally advise on or manage investments for clients?
