The Irish Funds Industry Association said it has signed a memorandum of understanding with the Asset Management Association of China in Beijing to promote closer cooperation.
Author Archives: Drew Wilson
Drew Wilson is editor of Fund Selector Asia. Previously he was editor at a publication covering private equity.
Hong Kong and China regulators sign
In final preparation for the stock connect programme, Carlson Tong, Hong Kong’s top regulator, has signed an agreement with his counterpart in China for cross-border information sharing and joint investigation of suspected misconduct.
One way to play rising rates
A high yield product that links to the LIBOR rate could be a suitable way to play the next act of the interest rate saga, according to M&G Investments.
BlackRock sees sweeping changes
Emerging markets will have sharply different characteristics in the next ten years than they had in the last, and investment strategies will be reshaped in the context of “divergence”, according to Jeff Shen, BlackRock’s head of emerging markets.
PIMCO appoints EM Asia portfolio head
PIMCO has appointed Luke Spajic, an executive vice president and portfolio manager, to lead the firm’s emerging markets Asia portfolio management.
Salisbury Securities directors given life bans
Two former directors of Salisbury Securities have been given a life ban from the industry after they used client investments for personal and business expenses.
Retail investors lack mutual fund knowledge
A survey of 4,000 retail investors in China, Hong Kong, Taiwan and Singapore revealed that about 40% do not know what mutual funds are, according to research firm Cerulli Associates.
Mercer Steven Seow
Regulations, competitive pressures and demographic change are impacting the way private banks in Asia operate, said Steven Seow, Mercer’s head of wealth management in Asia.
Asset manager funds cancer treatment
Asset manager American Century Investments, which channels 40% of its profits into medical research, has helped fund a potential breakthrough in the treatment of inoperable cancerous tumours, the firm said.
Hong Kong trading suspensions
Several Hong Kong authorised funds have companies in their top ten holdings that have been under trading suspensions imposed by the Hong Kong Stock Exchange.
