SINGAPORE- Janus Capital Group Inc has opened an office in Singapore to target the institutional and wealth management markets in South East Asia.
The office will be managed by Benjamin Chang, co-head of Janus Capital’s Asia Pacific ex Japan region and chief executive of Janus Capital Singapore Pte Limited.
Erich Gerth, chief executive officer of Janus Capital International Limited, said the development reflected the strong momentum from Singapore and South East Asia-based investors in its US and global fundamental and mathematical investment strategies.
He added that Singapore was a key market for the company’s expansion plans.
In February 2007 Global Pensions reported that Janus Capital confirmed it would open an office in Australia to target institutional investors in Australasia.
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers