Known as an eternal emerging markets optimist, Mark Mobius, chairman of Templeton Emerging Markets Group, nonetheless told FSA about times when he is wary, and recalled an investment mistake.
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.
EFG AM, Templeton launch funds in HK
EFG Asset Management launches an Asia-focused digital fund, while Franklin Templeton joins the smart beta bandwagon.
HK regulators warn on sale of in-house products
Conflicts of interests arising from the sale of in-house products by fund distributors are on the radar of both the Hong Kong Monetary Authority and the Securities and Futures Commission.
SFC: Fee disclosure regs to support robo-advice
The Securities and Futures Commission’s recent decision to enhance fee disclosure may drive investors to use alternative distribution platforms, such as online or robo-advisory services, according to Christina Choi, SFC’s executive director for investment products division.
In case you missed it…
SFC bans an account executive for impersonating clients; Franklin Templeton hires from DSP Blackrock for its alts biz; BNP Paribas Securities Services names Julien Kasparian as Hong Kong head; Natixis Global AM undergoes name change; Bursa Malaysia organises first shariah investing fair; and more…
Report: FoFs gain traction in the mainland
Investment in fund of funds in China has been building since the China Securities Regulatory Commission (CSRC) finalised guidance for retail FoFs in September last year, according to a report by Boston-based research firm Cerulli Associates.
Hong Kong continues to see ETF delistings
Mirae Asset Global Investments is delisting another passive product from the Hong Kong Stock Exchange, citing unsatisfactory assets.
DBS: Fund selectors seek qualitative talks
Banks are now looking more at the qualitative aspects of fund products and not just performance, according to industry sources.
HKMA: Banks misinterpret fund regs
In terms of fund distribution, banks in Hong Kong have misinterpreted some of the HKMA’s directives, adding unnecessary compliance work, according to deputy CEO Arthur Yuen.
CSOP AM delists China-focused ETF
CSOP Asset Management is delisting a China-focused ETF from the Stock Exchange of Hong Kong, citing unsatisfactory assets.