Edmond de Rothschild has officially closed both its private banking and asset management businesses in Hong Kong, according to recent records from the Securities and Futures Commission.
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.
Deflation a continuous risk for Japan equities
Investors should keep an eye on deflation, which is one of the biggest investment risks to Japan’s equity market, according to Akira Fuse, Tokyo-based investment specialist for Japan equities at Capital Group.
Citi PB: Making it on the focus list is difficult
A majority of client assets go to just a handful of funds that are marketed by private banks at a given point in time, according to Roger Bacon, Citi Private Bank’s head of investments for Asia-Pacific.
Blackrock nabs more RQFII quota
Blackrock, Rongtong and KB Asset Management were among the firms that received RQFII or QFII quotas in November, according to records from China’s State Administration for Foreign Exchange.
UBS: More small steps up for equities in 2018
The low volatility environment is expected to continue next year, which should support global equities more than fixed income instruments, according to Erin Browne, UBS Asset management’s New York-based head of asset allocation.
Where are the risks in environmental equities?
Regulation is one of the risks that investors should be aware of when investing in environmental-focused listed equities, according to Bruce Jenkyn-Jones, London-based co-head of listed equities and senior portfolio manager at Impax Asset Management.
In case you missed it…
Nomura to revive private equity biz; Standard Chartered names Jimmy Chang as head of wealth markets products sales for Hong Kong; hedge fund assets reach an all-time high; SFC to introduce investor ID for Stock Connect; Malaysia revises prospectus guidelines; India enhances corporate governance for fund firms; Korea raises interest rates after 11 years; and more…
Taiwan bourse wants more offshore investors
The Taiwan Stock Exchange (TWSE) is promoting the country’s capital market to Hong Kong investors, particularly its technology-related listed companies.
UBS AM revamps business model amid margin pressure
As fee pressure across the asset management industry continues, the firm will supplement fund sales by marketing its in-house advisory and fund operation platforms to banks in Asia, said René Buehlmann, UBS Asset Management’s Asia-Pacific head and global head for wholesale client coverage.
HKMA eases access to second sandbox via ‘chatroom’
Fintech startups using the chatroom can now enter the regulatory sandbox without being required to have a bank partner, according to the Hong Kong Monetary Authority.
