New economy stocks are shifting the composition of Southeast Asia’s investible universe, says Morningstar.

New economy stocks are shifting the composition of Southeast Asia’s investible universe, says Morningstar.
Indosuez makes senior appointments in Singapore; Manulife IM creates head of wealth and AM role for China; BNPP AM names global head of stewardship; and more…
Grab Financial promotes; GSAM pushes retail; Schroders on passive; FAANGMAN vs SGX; Asset manager websites; IPO warning; Hong Kong’s crypto; and much more.
She will be charting a “tech-led path” for the bank’s funds and DPM businesses.
Separately, the firm has raised at least $300m in its Series A funding round, led by Seoul-based Hanwha Asset Management.
Grab’s micro-investing offering will make use of funds managed by Fullerton Fund Management and UOB Asset Management.
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Grab plans to launch retail wealth management and investment solutions in Southeast Asia.
Part of the Mark Allen Group.