The latest news in investment offerings, financial products and other services relevant to wealth advisors and their clients.

UOB Asset Management
UOB Asset Management is launching a dividend-focused exchange-traded fund that concentrates on the Association of Southeast Asian Nations (ASEAN) collection of nations.

On 29 February, the ETF will be listed on the Singapore Exchange and part of the Singapore Exchange-Shenzhen Stock Exchange ETF Product Link.

The new offering’s full name is UOBAM Ping An FTSE ASEAN Dividend Index ETF.

As investors seek to enhance income and strengthen long-term total returns, ASEAN has emerged as an attractive destination for dividend strategies, supported by robust economic fundamentals and a broad base of companies with established dividend track records, UOBAM said in a statement.

The ETF tracks the FTSE ASEAN ex REITs Target Dividend Index, designed to achieve 100 per cent dividend yield increase compared with its underlying index – FTSE ASEAN Index. The fund aims to pay dividends of at least 6 per cent and the index has constituents such as Singapore’s local banks DBS Group, OCBC (Oversea-Chinese Banking Corporation) and UOB), and other names including Malaysia’s Malayan Banking, Indonesia’s Astra International and Thailand’s PTT.

“As interest rates decline, dividend strategies have become increasingly important for enhancing income and long-term returns. ASEAN is not only a source of strong dividend opportunities, but also a region of enduring growth potential, underpinned by favourable demographics, rising domestic consumption, and ongoing structural development,” Thio Boon Kiat, group CEO, UOBAM, said.

As of 30 November 2025, UOBAM oversaw S$40.8 billion ($31.78 billion) in clients' assets.