With the recent Libor scandal failing to shake asset managers' confidence in London, emerging centres will have to work hard if they are to overtake the UK capital as the world's leading asset management centre.
Asia-Pacific
Latest articles from Singapore
Banks look to fill Asia's wealth management talent void
May 1, 2012As Asia's population grows richer, the continent's wealth management industry is struggling to keep pace and meet the needs of the ever-expanding number of high-net-worth individuals. Gone are the days of simply poaching such staff, and many banks are now focusing on producing home-grown talent.
Singapore and Hong Kong fight off Asian FDI rivals
May 1, 2012Singapore and Hong Kong continue to attract the highest levels of foreign direct investment among Asian international finance centres. But there is change afoot elsewhere, with increasing levels of investment in Beijing causing it to replace Shanghai as the third most attractive Asian IFC for FDI.
Capital expenditure down but Singapore remains top centre for inward financial FDI
March 12, 2012The Asian city state of Singapore attracted more foreign investment in its financial sector than any other IFC in the world over the past year.
Singapore's standing as GTS hub goes from strength to strength
March 1, 2012Singapore’s strategic location in Asia is proving a boon to the city state’s transaction bankers, particularly as they seek to capture banking business from the world’s changing trade flows.
Singapore top centre for inward financial FDI
March 1, 2012The Asian city state of Singapore attracted more foreign investment in its financial sector than any other IFC in the world over the past year. Geneva, Edinburgh and Glasgow were notable risers in the ranking, while troubled Madrid lost significant ground.
Are emerging market banks more transparent?
December 21, 2011Banks in emerging markets appear to run greater risks to achieve greater returns. But they may just be more conservative in assessing their risks.
Structured products revival in Asia
October 20, 2011The fight for market share in the Asian High Net Worth Individual (HNWI) segment is fierce, as private banks and wealth management arms of major banks from Europe and the US position themselves for future growth.
Asian exchanges up the pace of progress
September 1, 2011Magnus Bocker, CEO of the Singapore Exchange, looks at why the Asian market is so vibrant right now.
Singapore’s challenge as a financial centre
February 18, 2011Singapore is the world’s third highest ranked International Finance Centre, according to The Banker’s 2010 ranking. But in these days of volatile capital flows and worries about bank safety, how should a small country manage itself as an IFC so as to maximise the benefits and minimise the risk?