The global pandemic has forced asset management firms to introduce flexible working policies. Fidelity implements permanent flexible working for its employees worldwide; Schroders also announced permanently embracing flexible working.“The job market this year from the asset management perspective is “skyrocketing” compared to last year,” Andrew Zee, Selby Jennings vice pres...

​Crypto in AsiaThe growth happening within the cryptocurrency and blockchain space has been impossible to miss since late 2020. Massive amounts of capital have been poured into blockchain and crypto companies from venture capital and direct investments in recent months. In July of 2021, the Hong Kong-based crypto derivatives exchange FTX made history with a US$900 million se...

​The InvestmentA pivotal moment in distributed ledger technology (DLT) development has just taken place in Singapore, with the government investing S$50 million to create a global digital trust market in the city-state. Over the next five years, this multi-million investment will develop digital trust capabilities that can enhance data privacy, create more secure transaction...

​Taking time off from the industry has always been a hurdle for fund professionals looking to re-enter the workforce, but asset managers in APAC are now introducing initiatives to help bring out-of-work staff back into the game through reigniting their careers and providing training for them to take on entirely new roles. Bryan Law, principal consultant of Investment Managem...

Credit Suisse, JP Morgan, UBS, Julius Baer and UOB are all hiring a number of China desk private bankers and RMs in Singapore. Why?"Demand for China desk bankers continues to rise in 2021", says Andrew Zee, SVP of Front Office at Selby Jennings on a recent eFinancial Careers interview. “China/Hong Kong/Taiwan tensions have led to North Asia clients wanting to diversify their...

At the end of 2020, when Ray Dalio and James Dyson announced the opening of family offices in Singapore, we witnessed a hiring boom in the Singapore family office space. In 2021, another positive news story sprouts within Singapore, as Google co-founder Sergey Brin sets up a new branch in Singapore - joining the rush of ultra-wealthy clans and their move towards the Southeas...

In part 1, we have explored the North Asia market. In this part, we will further explore opportunities in the Asian fund firms for the South East Asia market.Singapore has, in the past few years, seen a steady stream of global managers set up shop. And it seems have not ever stopped during the pandemic. Throughout Q4, we see JPMorgan doubled Singapore private bankers, U.S. h...

When you see that billionaire Ray Dalio has announced the opening of a family office in Singapore, you know the opportunities and growth in this space will be massive.No doubt, the Singapore government has been very supportive, making an effort to lure family offices and hedge funds into the city state. In January, Singapore introduced a legal structure named Variable Capita...

BS Group’s private banking unit has seen its business activity rebound to pre-COVID levels, with robust growth in the private banking business led by family offices. According to Joseph Poon, Head of DBS Private Bank, "they pretty much see Singapore as a lighthouse to the region."The reality is that family offices from Europe and the USA are increasingly looking to diversify...

According to McKinsey 2018 report, less than a fifth of all C-suite executives working in finance were women. Most banks are painfully aware of this discrepancy in diversity. Do we know why?Historically, banking has been a very male-dominated sector, particularly across certain verticals such as Market Risk, Technology and Investment Banking. Data from crowdsourced pay data ...

Time flies, we are now in November, almost the end of the year 2020. Getting closer to the end of the year means we are closer to the salary review and bonus period. Although it has been an uncertain year, private banking remains a priority for many financial institutions in the city-state during the pandemic.HSBC Plans to Recruit 500 Private BankersAlthough there has been n...

The Singapore government is increasing the minimum salary level for Employment Passes (EPs) in Singapore on December 1st. How will this impact the financial services job market?Who Holds Singapore Employment Pass?"We see clients try to reserve Employment Passes for more senior employees, and for roles that require very niche skills," says Natasha Madhavan, team lead for gove...

In 2019, Singapore ranked top for the world’s most competitive economy, ahead of Hong Kong and the USA, and this year it has ranked second place globally for the world's most innovative countries in 2020. Besides winning these big titles, being clean, efficient, and with low tax rates, combined with the recent unrest caused by the political situation in Hong Kong, Singapore ...

​eFinancial Careers has put a closer look to HSBC to under the talent shift in the banking industry. With different reasons and new announcements from the bank, Hong Kong and Singapore remain potentially attractive workplace for bankers to transfer over the next 12 months.Bank's Strategies Make Asia an Attractive WorkplaceNot long ago, HSBC has announced on the plan of 35,00...

According to a recent article by eFinancial Careers, more banks in Hong Kong are transferring their senior management across the border—to China. Credit Suisse - Transfer to Their Mainland Joint VentureOne of the examples is Credit Suisse. The Swiss bank wants to let go of about half of its investment banking staff at its mainland joint venture, Credit Suisse Founder Securi...

Selby Jennings' Managing Director, APAC Mr Andrew McNeilis has recently interviewed with FutureCIO. In this interview, McNeilis has shared our latest Global Research Report result and provided insights to the C-suite professionals regarding the current market amidst COVID-19.Not Surprising: High Levels of Compensation for C-SuiteAccording to Selby Jennings Global Job Confide...

Some expats in Hong Kong are already chatting to recruiters about moving to Singapore. Read our interview with eFinancial Careers.

​Hong Kong Hedge Funds are expanding to Singapore. Read our latest interview with eFinancial Careers.

​DBS, Oversea-Chinese Banking Corp, Citigroup are increasing banking technology talent to their tech teams in the region despite the economic downturn. Asia has been the first-in-first-out from the months-long lockdown, giving room for financial services companies in the region to step up recruiting.