About 61% of all emerging market funds are holding positions in Samsung, according to an Evestment report. Any company misstep could have a widespread impact.
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.
In case you missed it – Financial Markets News
StanChart PB poaches from Bank of Singapore for Greater China role; DNCA Investments extends bond portfolio management capabilities; Bank of China named as China’s “most trustworthy bank”; Man Group commits to ESG investment practices; State Street launches benchmarking tool for firms; the Monetary Authority of Singapore establishes a cyber security advisory panel; and more…
Tech and financials dominate EM strategies
Technology and financial companies represent eight of the top 10 holdings for most emerging market equity fund managers, according to an Evestment report.
Northbound MRF fund inflows hit record $1.6bn
Total net inflows for Hong Kong-domiciled funds available for sale in China through the MRF have surpassed the RMB 10.69bn ($1.62bn) mark for the first time since the scheme began at the end of 2015.
Survey: Compliance most painful for Hong Kong PBs
Regulatory compliance and talent management are among the major challenges for private banks and wealth management firms in Hong Kong, according to a survey report from the Private Wealth Management Association (PWMA) and PwC.
Manulife launches products in the Philippines
Manulife Asset Management and Trust (Manulife Trust) has launched three mutual fund products in the Philippines, according to a statement from the firm.
Singapore’s Lion Global to join ETF party
Lion Global Investors (LGI) is expected to list its first ETF on the Singapore Exchange on 30 October.
ICI: Tax neutrality would help stalled fund passport scheme
Broadening fund distribution channels and providing tax neutrality will help the delayed Asia Regional Funds Passport (ARFP) scheme progress, says ICI Global.
SFC: More concern over discretionary mandates
Hong Kong’s regulator has identified additional concerns about firms engaged in managing private funds and discretionary accounts.
Manulife AM recruits from UBS for senior role
Manulife Asset Management has hired Emmanuel Bucaille for the new position of senior managing director and head of wealth solutions for Asia wealth and asset management.
