TEMASEK unit Fullerton Fund Management said on Tuesday that its wholly foreign-owned enterprise (WFOE), Fullerton Investment Management (Shanghai) Co, has received approval to provide onshore investment advisory services in China.
EQUITY indices are unlikely to break out to new highs in the near term as the "tug of war" between bulls and bears in the market shows no signs of abating, said DBS Bank's chief investment officer (CIO), Hou Wey Fook.