Indonesia’s tax amnesty has prompted Singapore’s OCBC Bank to launch an onshore private banking business.
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.
Malaysia to develop “more vibrant” ETF market
Malaysian regulators have noted the benefits of ETFs and given recommendations aimed at incentivising new issuance, according to a statement from the regulator.
Majority of EM funds underperform
More than half of emerging market equity funds available for sale in Hong Kong and Singapore underperform the MSCI Emerging Markets Index, FE data shows.
Lombard Odier names new Asia CEO and chairman
Lombard Odier has appointed Vincent Magnenat as its new Asia CEO. He will replace Vincent Duhamel, who is named as the firm’s new chairman of the Asia board, according to a statement from the firm.
Reg delays slow Philippine fund industry
Local fund managers in the Philippines are still waiting for a series of key regulatory changes that could drive industry growth, according to Valerie Pama, Manila-based president of Sun Life Asset Management in the Philippines.
Retaining China robo-advisory clients
Chinese robo-adviser firms could use data to personalise their services, bringing clients closer to a private banking experience, according to Gregory Van Den Bergh, CEO of Chinese robo-advisory developer Micai.
Allianz sees more demand for China research
European investors demand more research coverage of China, recognising the growing global importance of the market, according to Stefan Scheurer of Allianz Global Investors.
Singapore’s GIC slashes UBS stake at a loss
Singapore’s state-run GIC is dumping 93 million shares of UBS at a loss, according to a statement from the sovereign wealth fund.
HK puts China’s AM applications on watch
“Responsible officers” listed on an increasing number of mainland asset management firm applications will get tougher scrutiny from the Hong Kong’s Securities and Futures Commission, according to Julia Leung, the SFC’s executive director for intermediaries.
HEAD-TO-HEAD: BNPP IP vs Schroders
FSA compares the Parvest Equity Best Selection Euro Classic Fund and the Schroder ISF Euro Equity Fund.
