Professional services provider Equiom has appointed Richard Sayers as managing director for Singapore, according to a statement from the firm.
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: JP Morgan vs Schroders
FSA compares two China mixed asset products — the JP Morgan China Income Fund and the Schroders China Asset Income Fund.
China tightens grip on fund industry
China’s State Council has released provisional regulations that impact foreign fund managers who operate in the country’s RMB 9.95trn ($1.51trn) private fund industry, according to a circular from the government.
Blackrock receives $2.27bn in RQFII quotas
Blackrock, First State and Mirae Asset were among the firms that received RQFII quotas in August, according to records from China’s State Administration for Foreign Exchange (SAFE).
Financial planners surge in Malaysia
The number of firms engaged in financial planning in Malaysia has increased by 45% since 2015, while the number of licensed financial planners has grown by around 23%, according to Ahmad Fairuz Zainol Abidin, Malaysia’s Securities Commission deputy chief executive.
Vietnam investment risks in the spotlight
Good corporate governance is top of list when evaluating investments in Vietnam, according to industry sources.
E Fund launches leveraged ETF in Hong Kong
The firm partnered with Taiwan’s Yuanta to launch a leveraged ETF tracking the Hang Seng Index, according to a listing announcement on the Hong Kong bourse.
In case you missed it – Financial News Updates
SSGA promotes Mark Hui as head of global equity beta solutions for Asia (ex-Japan); Natixis names Tony Huang as Taiwan general manager; Capital Group hires from Income Partners for institutional distribution role; JPMAM wins global equity mandate from New Zealand-owned Gareth Morgan Investments; Australia’s AMP Capital raises $1bn from Asian investors for infrastructure strategy; investors pour more money in hedge funds; and more…
Report: HNWIs stand out as EM investors
High net worth individuals globally accounted for the largest EM fund inflows among different investor types, according to an Evestment report.
Asia’s HNWIs reveal doubts about RMs
High net worth individuals in Hong Kong and Singapore are much more aware of human-related risks associated with their wealth advisors compared to their global counterparts, according to a survey conducted by Factset and Scorpio Partnership.