Asset managers find due diligence solution in virtual realm
But face-to-face interaction still key to rapport with investors and between new staff
Add BT as a preferred source
Singapore
ASSET managers are turning to new ways to raise funds to get around travel bans, and hosting virtual due diligence sessions with investors in place of face-to-face meetings.
Even as physical meetings with clients are allowed from this Friday as Singapore moves into Phase 2 of the its economic reopening, some of the practices adopted during the "circuit breaker" and Phase 1 periods may continue to be the order of the day.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
OCBC consumer banking chief Sunny Quek aims to double wealth business by 2029
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
Hengli’s ex-Singapore unit dismisses staff after US sanctions, at risk of being wound down: sources
