Kuala Lumpur-based CIMB-Principal Asset Management has launched Malaysia’s first China fund that uses renminbi qualified foreign institutional investor (RQFII) quota.
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.
Pictet AM: ‘Safe sectors’ no longer safe
Investors should stay away from what they perceive as “safe sectors”, such as consumer staples and telecommunications, as they have accumulated more debt, according to Shaniel Ramjee, London-based senior investment manager for multi-asset at Pictet Asset Management.
Fund approvals soar in Hong Kong
Hong Kong’s SFC issued approvals for 24 new funds to be sold in the territory in March, one of the highest numbers in its history.
Miton Optimal to offer DFM services in Singapore
Cape Town-based Miton Optimal, a discretionary fund management specialist firm, has received a full capital markets licence from the Monetary Authority of Singapore.
HEAD-TO-HEAD: Fidelity vs Investec
FSA compares two global equity funds: the Fidelity World Fund and the Investec Global Strategic Equity Fund.
Pictet launches unconstrained bond fund
Targeting investors with a higher risk appetite, Pictet Asset Management has launched the Global Fixed Income Opportunities Fund, which is registered for sale to accredited investors in Singapore.
In case you missed it (23 March 2018)
Hong Kong’s SFC fines UBS (again); Neuberger Berman poaches Pimco’s APAC head of strategy; Pimco aims to grow its ESG platform with new hire; Prestige Fund strategy AUM breaches $100m mark; APAC institutions likes private equity; China’s WMP AUM grows by a mere 1.5%; and more…
Chinese investors to shift away from WMPs
Chinese investors are expected to move away from banks’ wealth management products towards products managed by asset managers, according to a report by Oliver Wyman, a consulting firm.
Standard Chartered’s Anna Marrs exits
Anna Marrs, Standard Chartered’s CEO for commercial and private banking and CEO for the Asean and South Asia (ASA) region, will be leaving the bank in September.
Philippines to see first MSCI Philippine Index fund
Manila-based fund manager Philequity Management plans to launch an index fund that will track the MSCI Philippines Index, according to Miguel Agarao, the firm’s vice president for business development.
