JPMorgan Chase and OCBC Asset Management have launched a new open-ended, Singapore Dollar unit trust fund called the SGD Yield Enhanced Money Market Fund. Aimed at regional companies, insurance and pension funds, the new Fund offers ‘more stable returns than volatile equity investments in the current volatile economic environment’. The Fund, which will be managed exclusively by OCBCAM, with JPMorgan Treasury Services as sole distributor, will invest in high-quality short-term money market instruments and debt securities. These investment instruments include government and corporate bonds, government and commercial bills, floating and variable rate notes, asset-backed securities, repurchase agreements and deposits with financial institutions. All will be denominated in Singapore dollars. The minimum initial subscription and holding amount for investing in the fund is S$200,000, and subsequent subscriptions need to be at least S$50,000 with no preliminary and realization charges.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more