London-based Highclere International Investors and Hong Kong-based CIFM Asset Management are the latest recipients of China’s inbound quota schemes, according to records from the country’s State Administration for Foreign Exchange (SAFE).
Author Archives: Francis Nikolai Acosta
Francis is editor for Fund Selector Asia, covering the asset and wealth management industry in Asia. He joined Last Word Media in November 2016 as a senior journalist and became deputy editor in 2019. Previously, he was a reporter at Ignites Asia, A Financial Times service, also covering the region's asset management industry. He has a Master's degree in journalism from The University of Hong Kong.
OMGI shifts from value to quality
Stocks of companies that have stronger balance sheets will benefit more from the current market environment than value stocks, argues Justin Wells, London-based global equities strategist at Old Mutual Global Investors.
In case you missed it (27 April 2018)
Aberdeen Standard names Andrew Hendry as APAC head of distribution; HKEX appoints its first female chairman; Pictet AM launches Asia bond fund; investors have unrealistic return expectations; MAS proposes guidelines for senior manager accountability; Asia lags in philanthropy; and more…
China’s QDII programme makes a comeback
China has relaxed its outbound investment schemes with the revival of the qualified domestic institutional investor (QDII) programme and the expansion of two other outbound programmes, according to records from China’s State Administration of Foreign Exchange (SAFE).
Z-Ben reveals top foreign firms in China
UBS Asset Management has replaced JP Morgan Asset Management as the top ranked foreign fund manager in China in terms of building a good China strategy, according to a report by Z-Ben Advisors.
Malaysia’s Affin Hwang launches absolute return feeder fund
Kuala Lumpur-based Affin Hwang Asset Management has launched a mixed-asset absolute return fund that feeds into a Schroders fund, according to a statement from the firm.
Mirae Asset and CSOP delist L&I ETFs in HK
Mirae Asset Global Investments and CSOP Asset Management are delisting leveraged and inverse ETF products, according to the firms’ filings with the Hong Kong Exchange.
Fidelity HY manager eyes China property bonds
Industry consolidation in China’s property development market has made the separation between winners and losers more clear and improved valuations in the sector, said Bryan Collins, lead manager of Fidelity Asian High Yield Fund.
Vanguard offers ETFs in RMB
The use of China’s renminbi continues to expand in international transactions as Vanguard allows investors to trade five ETFs in Hong Kong in the currency.
UBS Wealth launches sustainable portfolio
UBS Wealth Management has launched in Asia a cross-asset portfolio based on sustainable investing that aims to mirror the firm’s traditional strategies.
