Downgrades for Fidelity, Franklin and Investec products and upgrades for two Pimco funds in the firm’s monthly note to clients.
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.
Credit Suisse applies to set up in the Philippines
Credit Suisse is one of several foreign banks planning to set up representative offices in the Philippines, enabling them to promote their own financial products and services locally.
In case you missed it…
Credit Suisse’s APAC net new assets increase; Schroders poaches from Allianz for multi-asset role; Mirae Asset launches world’s first AI ETF and calls it “MIND”; institutional investors lose confidence in ESG investing; Luxembourg-domiciled funds’ AUM reaches record high; and more…
Are expensive Greater China funds worth the extra cost?
Greater China-focused funds that have higher fees tend to underperform their benchmarks more often than those with lower fees, according to FE data.
Another Australia firm gets RQFII quota
Russell Investment Management in Australia received its first RQFII quota to invest in onshore China, becoming the third Australia-based asset manager to be granted an allocation.
Credit ratings are only part of the story
Credit ratings of companies doled out by ratings agencies do not necessarily influence investment decisions, according to Mitch Reznick, London-based co-head of credit and head of credit research at Hermes Investment Management.
APAC’s largest managers hit $6.9trn AUM
Asset managers in Asia-Pacific have reached $6.9 trn of AUM in 2016, up 1.3% from the previous year, according to a study by Willis Towers Watson.
Singapore’s iFast hits $5.26bn in AUA
iFast Group’s assets under administration (AUA) was up 19.3% year-on-year as of the end of September, hitting a record high of S$7.16 ($5.26bn), according to the firm’s third quarter results.
Malaysia’s Public Mutual launches regional funds
Public Mutual has launched two mutual fund products that invest in the Asean and Greater China markets.
HEAD-TO-HEAD: BNY Mellon vs Deutsche
FSA compares two global equity income funds: the BNY Mellon Global Equity Income Fund and the Deutsche Invest Top Dividend Fund.
