AIA Singapore to replace managers, add funds
The firm has plans for new investment-linked products, but first aims to strike off underperforming managers within the next six months.
AIA Singapore is looking to replace underperforming managers and further bolster its investment-linked product (ILP) platform as it awaits approval for its Reit fund under the city-state's Central Provident Fund (CPF) investment scheme.
In April the insurer became one of two anchor distributors for a Singapore Reit-based global property income fund managed by Henderson Global Investors.
However, the fund – the business's 27th investment-linked product in Singapore and its first …
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