Retail Financial Services

SGX derivatives volume jumped 20% to 8.5m contracts

But value of securities dropped 6% to $24.7b.

SGX to launch two thermal coal futures

Ramping up AsiaClear Futures offerings.

Asian investors worry over Fed tapering, property bubbles

GDP growth forecast across EM Asia fell to 5.7%.

Nomura appoints Freddy Lim as managing director, global head of derivatives strategy

In a release, Nomura, Asia’s global investment bank, announced the appointment of Freddy Lim as Managing Director and Global Head of Derivatives Strategy.

Principal Global Investors names Jane Fung as head of funds distribution Asia

In a release, Principal Global Investors, a leading global asset manager and a member of the Principal Financial Group announces that it has appointed Jane Fung as Director, Head of Funds Distribution Asia.

Mizuho Securities Asia appoints Damian Rowe as head of Asian fixed income trading

In a release, Mizuho Securities Asia Limited announced that it has appointed Damian Rowe as Managing Director and Head of Fixed Income Trading for Asia Pacific (excluding Japan).

Sun Life Hong Kong names Wim Hekstra as CEO

In a release, the Board of Directors of Sun Life Hong Kong and Sun Life Financial Asia President, Kevin Strain, announced that Wim Hekstra has joined Sun Life Hong Kong (SLHK). Pending regulatory approval from the Office of the Commissioner of Insurance, Wim will be named Chief Executive Officer. In this role, Wim will be responsible for growing the Sun Life Hong Kong business, which includes both an individual life and an industry-leading Pensions business.