About 60% of all funds for sale in Asia had negative performance in 2015. Here are the five worst performers.
Author Archives: Drew Wilson
Drew Wilson is editor of Fund Selector Asia. Previously he was editor at a publication covering private equity.
Julius Baer takes stake in Shanghai wealth manager
The Swiss firm will purchase a $17.5m stake in Jupai, a US-listed Chinese wealth manager.
HK leads globally in fintech adoption
Hong Kong has the highest rate of financial technology use of all markets surveyed, according to an EY survey report.
MRF approval for two more China funds
Invesco-Great Wall and GF International have had China onshore funds approved by the SFC for sale in Hong Kong.
WhatsApp message leads to penalty for HK trader
A licensed dealer’s message “let’s talk here, email monitored” resulted in a three-month suspension by Hong Kong’s Securities and Futures Commission.
UBS grows Asia DPM business by 50% in 2015
After doubling year-on-year in 2014, the bank’s discretionary business in Asia grew 50% this year, said Patrick Grossholz, Asia-Pacific head of investment management.
Malaysian investors turn to foreign funds
The AUM of foreign-invested strategies in Malaysia was up 30.5% to $6.8bn (M$29.6bn) for the first ten months of the year, according to Morningstar data.
Are EM equities going to surprise in 2016?
Typically shunned by investors, emerging markets may be ready for a second look in 2016.
Stock-picking while Vietnam rises (again)
After past disappointments, the economy and markets have recalibrated and the country has some strong tailwinds, said Thu Nguyen, lead portfolio manager of Vina Capital’s VCG Partners Vietnam Fund.
HK milestone: First funds approved for sale through MRF
Here are the four Mainland funds that are the first to be approved by the SFC for public offering in Hong Kong through the Mutual Recognition of Funds initiative.