Beginning in 2009, Singapore introduced a series of restrictions on buying, selling and financing residential property.
Mellor told FSA that before receiving the licence, the firm already had a representative office in Singapore for 10 years, but it was just a client support office and was not permitted to conduct any investment management activity.
He explained "We created SystematicEdge because we could not find a safe, transparent, liquid, institutional level offering to manage our own money.
OneVue’s SMSF administration business offers four core services, including establishment, administration, compliance and audit services.
He said the conclave is one way of boosting Africa-India trade, investment, cultural and social development partnership to achieve regional economic development.
“The EU and Japan have started to catch up on the growth story [we have seen in the US], which is positive to their equity markets,” he said in his presentation,
Moreover, with inflation still far from the target, the central bank does not seem to be convinced about ending the monetary stimulus anytime soon.