China has removed the $1bn investment quota cap for overseas fund management firms and Fidelity Investments is the first to take advantage.
Author Archives: Drew Wilson
Drew Wilson is editor of Fund Selector Asia. Previously he was editor at a publication covering private equity.
BNY Discretionary push
BNY Mellon Wealth Management launched its discretionary wealth management business in Asia last October and found the key challenge was getting noticed among the crowd of competitors, said Charles Long, head of Greater China.
Global net inflows at record high
Asia had the highest organic growth rate of net inflows (12.8%) among all regions globally, according to Morningstar data.
Dont overlook EM dividends
Roughly 90% of companies represented in the MSCI Emerging Markets Index pay dividends, according to a research note by Capital Group.
HKG court upholds fund advertising decision
Fund advertisements can be issued to the general public even if the issuer only intends to sell the product to professional investors, according to Hong Kong authorities.
Quant strategies get mixed reception in Asia
Smart beta strategies, effectively quant strategies, have traction in Europe but in Asia the appeal is not as clear, according to Gregor Andrade, a principal at AQR Capital Management.
OMGI hires adviser to guide Asia expansion
The firm has hired Simon MacKinnon as Asia strategy adviser to support the regional expansion of its asset and wealth management units.
Emerging markets rebalancing
Falling oil prices and the adoption of reform agendas means Asia could soon account for three-quarters of the MSCII Emerging Markets Index, said Catherine Yeung, investment director for Asia ex-Japan equities at Fidelity Investments.
East Capital UCITS approved for A share buying
The firm said it has the first Luxembourg-domiciled fund allowed to invest its portfolio in A-shares through the Stock Connect.
HKG wealth management growth outpacing talent
The growth in wealth management services in Greater China is driving strong demand for more professionals, but expertise is lacking, according to the Hong Kong Society of Financial Analysts.
