Bank of Singapore, the private banking arm of OCBC, has appointed Derrick Tan as its CEO for Hong Kong, in addition to his role as global market head for Greater China and North Asia.
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.
HEAD-TO-HEAD: Tianhong vs JP Morgan
FSA compares the world’s two largest money market funds: Tianhong’s Yuebao and JP Morgan’s US government fund.
In case you missed it (9 March 2018)
Noah opens Australia office; Bank of Singapore hires for Europe; OMGI outsources its China equity fund to Ping An of China; JPMAM’s head of Asia fixed income leaves; EIP names head of Asia investment; HSBC Global AM launches Asia fixed income fund in Singapore; ESG initiatives from Franklin Templeton, Robeco and Eastspring; T Rowe Price and Capital Group win Morningstar “best fund house” awards; and more…
HK’s non-ETF robo-advisor
Yunfeng Financial Group is using a proprietary fund selection process to add actively-managed funds from key managers to its robo-advisor Youyu Wealth, according to Li Ting, the firm’s CEO.
Which China equity funds are contrarian?
FSA looked at the five China equity funds with the lowest average correlation to the performance of peer funds and found three with above average performance.
UBS Wealth to increase sustainable products
The bank plans to increase the range of sustainable and impact investment products available to Asia clients, according to Mario Knoepfel, Hong Kong-based head of sustainable investing advisory for Asia-Pacific at UBS Wealth Management.
SJP, Citi PB reveal appointments
St James’s Place Wealth Management Asia has appointed Enzio Von Pfeil as a partner, while Citi Private Bank has named Catherine Cheung as its new Asia-Pacific strategist.
Mifid II brings dilemma to Asian firms
Europe’s Mifid II requires Asian fund managers to decide whether to treat European clients differently from others in terms of transparency, investor protection and cost of research.
Allianz GI bangs short duration drum
The demand for short-duration products is expected to pick up this year amid rising interest rates and several firms, including Allianz GI, have launched relevant products.
Italian firm to launch onshore fund in China
Italy’s Azimut has been granted approval from the Asset Management Association of China (AMAC) to register as a private fund management firm in China and the firm has six months to launch a product onshore.