The Securities and Futures Commission has frozen the activities of Goodcape Securities Ltd for being insufficiently capitalised.
Author Archives: Drew Wilson
Drew Wilson is editor of Fund Selector Asia. Previously he was editor at a publication covering private equity.
Franklin Templeton plucks Schroders exec
Franklin Templeton Investments has appointed Alan Young to head its institutional business in Greater China.
The best and worst sectors
Two BRIC countries drove the region’s best and worst performance across all equity sectors in 2014, and one country was the focus of the year’s best-performing fund.
BNY Mellon hires HKG wealth management
BNY Mellon Wealth Management has hired former Oppenheimer & Co director of investments Vivian Chan to serve as wealth director of business development in Hong Kong.
State Street promotes two
State Street has appointed Wai Kwong Seck, currently the head of the firms global services and global markets businesses in Asia Pacific, to its management committee.
Baring keeps energy exposure
Oil prices have not found a floor, but Baring Asset Management believes the market reaction to the collapse is “disproportionate” to realities in the energy sector and will maintain its exposure.
China’s great re-rating
Reforms in China will deepen in 2015, spurring a re-rating of the market and creating prime opportunities to invest in emerging industry leaders, said Mansfield Mok, senior fund manager, China equity, at EFG Asset Management.
Citibank sees spike in discretionary business
In Asia, the bank had a dramatic flow into fixed income mandates in the second half due to client uncertainties in regards to the looming US rate hike.
Fund transactions up in Hong Kong
Total transaction value of mutual funds and unit trusts in Hong Kong increased 35% in 2014, while the aggregate value of all product categories was down 8%.
Manulife hires two
Manulife Asset Management has hired Kathryn Langridge and Philip Ehrmann to run its new global emerging markets equity portfolio management team.
