Bank of Singapore has plucked executives from LGT, UBS and BNPP Wealth for Greater China roles.
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Drew Wilson is editor of Fund Selector Asia. Previously he was editor at a publication covering private equity.
Bank of Singapore has plucked executives from LGT, UBS and BNPP Wealth for Greater China roles.
A website for professional investors interested in global ESG and impact investing has been launched by Last Word – the company that owns Fund Selector Asia/Portfolio Adviser/Expert investor/International Adviser.
The recently-acquired boutique firm seeks a substantial increase in regional asset growth over the next five years, according to Harriet Steel, global head of business development based in London.
In the first half, Pimco’s global bond fund lost 40% of assets in Thailand as investors dumped bonds for equities, according to Morningstar research.
As stock market volatility continues, DBS Bank advises clients to cash out part of their equity holdings and take a wait-and-see approach, according to Hou Wey Fook, chief investment officer.
Asia is far behind developed markets on key ESG issues, but the hope is that China’s regulatory policies to address environmental issues will drive a regional change in mindset.
Thanks to robust net inflows, China’s ETF market is now second in Asia behind Japan, data from Morningstar shows.
This year, specific equities should continue to perform well, but investors are advised to avoid adding more fixed income, according to John Cappetta, head of managed product sales at Julius Baer in Singapore.
Focusing on higher quality and short-dated bonds will help ease the risk of defaults in Asian USD-denominated bonds, said Pheona Tsang, head of fixed income at BEA Union Investment.
As trade tensions with the US rise, China’s commitment to the Belt and Road Initiative (BRI) should deepen, according to Ken Hu, the firm’s chief investment officer for Asia-Pacific fixed income.
Part of the Mark Allen Group.