Managers

Pimco opens office in Dubai as asset managers flock to region
Pimco opens office in Dubai as asset managers flock to region
February 12, 2025
PACIFIC Investment Management Co (Pimco) opened a Dubai office, becoming the latest major fund manager to deepen its presence in the Middle East.The Newport Beach, California-based firm, which manages...
DBS announces capital return dividend; to pay S,000 bonus to all staff except senior managers
DBS announces capital return dividend; to pay S$1,000 bonus to all staff except senior managers
February 10, 2025
Its full-year net profit is at a new record high of S$11.29 billion, up 12% from the year-ago period DBS has set aside S$32 million to be issued as...
Stellantis managers to step down as part of shakeup
Stellantis managers to step down as part of shakeup
February 2, 2025
STELLANTIS is planning another shakeup of its management ranks as the automaker deepens its overhaul following the ouster of chief executive officer Carlos Tavares, according to sources familiar with...
Morgan Stanley to hire more Asia wealth relationship managers
Morgan Stanley to hire more Asia wealth relationship managers
January 9, 2025
MORGAN Stanley’s Asia wealth chief is looking to boost the number of staff dealing with its richest customers as the US lender pushes ahead with its regional expansion. The...
Morgan Stanley to hire more Asia wealth relationship managers
Morgan Stanley to hire more Asia wealth relationship managers
January 9, 2025
MORGAN Stanley’s Asia wealth chief is looking to boost the number of staff dealing with its richest customers as the US lender pushes ahead with its regional expansion. The...
VW managers to take combined 300 million euro pay cut: report
VW managers to take combined 300 million euro pay cut: report
January 8, 2025
VOLKSWAGEN’S management will take pay cuts adding up to over 300 million euros (S$423.4 million) by 2030, according to comments by VW human resources board member Gunnar Kilian to...
Geopolitical conflicts cloud Singapore fund managers’ outlook for 2025: Imas survey
Geopolitical conflicts cloud Singapore fund managers’ outlook for 2025: Imas survey
January 8, 2025
SINGAPORE fund managers are anticipating an escalation in geopolitical conflicts, which will leave a material impact on the global economy and financial markets. As a result, most do not...
Geopolitical conflicts cloud Singapore fund managers’ outlook for 2025: Imas survey
Geopolitical conflicts cloud Singapore fund managers’ outlook for 2025: Imas survey
January 8, 2025
SINGAPORE fund managers do not foresee a robust performance from Asian markets this year, amid an expected increase in geopolitical tensions.This cautious perspective was highlighted in the Investment Management...
Chinese exchanges ask big fund managers to restrict stock selling: sources
Chinese exchanges ask big fund managers to restrict stock selling: sources
January 6, 2025
CHINA’S main stock exchanges asked some large mutual funds to restrict stock selling at the start of the year, three sources familiar with the matter said, as authorities sought...
JPMorgan fined S.4 million by MAS for misconduct by relationship managers
JPMorgan fined S$2.4 million by MAS for misconduct by relationship managers
December 2, 2024
JPMORGAN Chase Bank has paid a S$2.4 million civil penalty to the Monetary Authority of Singapore (MAS) for its failure to prevent and detect misconduct by its relationship managers...