Asia’s ETF inflows set a record high during the first seven months and Korea- and China-listed ETFs gathered the most assets, according to data from ETFGI.
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.
HKIFA: Investors jump into balanced funds
Balanced funds in Hong Kong saw year-on-year gross sales nearly triple to $12.4bn from $4.3bn a year ago, the first time they exceeded those of equity fund sales since 2006, according to data from Hong Kong Investment Funds Association (HKIFA).
World’s biggest money market fund reigns in max investment
Alibaba-distributed fund Yuebao has lowered the maximum individual investment for the second time as China’s regulator tightens rules for money market funds.
Ex-UBS exec sets up Hong Kong WM firm
A former UBS director of UHNW assets is part of a team behind the newly-established DC Wealth Management (HK).
Malaysia joins fintech race
Standard Chartered Bank and Allianz have teamed up with Supercharger, a fintech accelerator programme that has expanded to Malaysia.
In case you missed it – Fund News Updates
Harvest launches an ETF in China; Malaysia’s Am Invest rolls out a feeder fund; Schroders completes acquisition of PE firm Adveq; Willis Towers Watson creates APAC financial solutions role; GAM poaches from Schroders for Japan sales role; Newton Investment Management introduces new management structure; and more…
Singapore warns investors on virtual currency investments
As virtual currencies grow in value, Singapore’s Commercial Affairs Department (CAD) and the Monetary Authority of Singapore (MAS) are warning investors about the risks of virtual currency-related investment schemes.
Vanguard sketches China plans
As the world’s largest passive product manager considers its mainland strategy, ETFs are unlikely to be part of it.
Harvest cool to China’s green bonds
The mainland’s green bonds do not appeal to Harvest Fund Management due to lower yields and less liquidity than the overall bond market, according to Jing Lei, the firm’s Beijing-based chief investment officer for fixed income.
BNPP WM plucks JPM veteran for client role
BNP Paribas Wealth Management has appointed Lemuel Lee as Asia-Pacific deputy head of investment services and head of investment services for Hong Kong.
