Following the launch of successful FMPs in Taiwan and Malaysia, Eastspring has expanded its current range of products to include them and secured exclusive distribution in the private banking sector through Standard Chartered Private Bank in Singapore, Hong Kong, United Kingdom and the Middle East.
SINGAPORE (July 8): Eastspring Investments has raised US$417 million ($567 million) for its new fixed maturity product (FMP) which comes with an early termination feature.
FMP is a debt product which is often offered to first-time investors looking for an alternative to fixed deposits.
