Hong Kong’s private wealth management assets reached HK$5.2trn ($670bn) in 2016, growing by 9% and increasing their share of the overall fund management business in the territory, according to a report by the Securities and Futures Commission.
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.
Guggenheim receives RQFII licence
US-headquartered Guggenheim Funds Investment Advisors has been granted a renminbi qualified foreign institutional investor (RQFII) licence by the China Securities Regulatory Commission (CSRC), according to the regulator’s records.
Staying ahead of markets is key to outperformance
Looking beneath the surface and anticipating factors that will affect markets in the future are at the core of Pictet’s multi-asset team’s investment strategy, says senior investment manager Andrew Cole.
China’s Lufax licensed for business in Singapore
The Monetary Authority of Singapore has awarded a capital markets services licence to a subsidiary of Ping An-backed Lufax Holdings yesterday, according to a statement from the firm.
JP Morgan: Asian equities heading for correction
History indicates that a market correction in Asian equities is likely, within the next three months, but investors shouldn’t stay away as the long-term outlook is positive, argues JP Morgan’s Hui Tai.
Aberdeen launches multi-asset funds in Singapore
Aberdeen Asset Management has launched two multi-asset funds in Singapore, the firm’s first in this category to be offered in the city-state, according to a statement from the firm.
Deutsche AM terminates 16 ETFs in Hong Kong
Deutsche Asset Management is delisting 16 DB x-trackers ETFs in Hong Kong, reducing by half the number of the firm’s ETFs listed in the SAR, according to records from the Hong Kong Exchange and Clearing.
HEAD-TO-HEAD: Fidelity vs JP Morgan
FSA compares two Asean equity funds: the Fidelity Asean Fund and the JP Morgan Asean Fund.
China’s fund managers benefit from bank-backing
China’s bank-backed fund management firms saw higher net profit growth in 2016 than those without bank affiliations, according to a study by Cerulli Associates.
Manulife AM favours ‘new China’ equities
Earnings recovery and structural reforms in China will benefit consumer-oriented sectors, argues Chay Kai Kong, managing director and senior portfolio manager for Greater China equities at Manulife AM.
