Foreign asset managers with China plans may find that establishing a wholly foreign-owned enterprise (WFOE) is better than having a joint venture.
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.
J Safra Sarasin poaches senior exec from UBS WM
Bank J Safra Sarasin has appointed Vinay Gandhi as its managing director and CEO for its new ultra-high-net-worth (UHNW) Asia division.
Morningstar Asia fund reviews and re-ratings – February 2017
A downgrade for a Legg Mason product and coverage initiated on an Eastspring fund.
Capital Group to launch US bond fund in Asia
Despite expectations of rising US interest rates, Capital Group intends to launch a bond strategy in Asia that targets investment grade US corporates.
Pictet says avoid US equities
The expensive valuations of US equities have made Luca Paolini, Pictet Asset Management’s London-based chief strategist, urge investors to be very cautious.
APAC drives UBS WM inflows
Client assets managed by UBS wealth management increased in 2016, led by net new money from Asia-Pacific investors.
Thailand’s Krungsri launches dividend fund
Thailand’s Krungsri Asset Management has launched a dividend-paying equity fund in light of the expected rise of the Thai stock market.
The hunt for Chinese dividends
Sherwood Zhang, co-manager of the Matthews China Dividend Fund, finds wide variance among sectors that pay dividends and those that don’t.
Value Partners’ 2016 net profit plunges
Value Partners’ net profit for the full year 2016 fell by 50% to HK$138m ($17.77m), and AUM was down 15%.
BNPP IP: EM multi-asset funds a hard sell
Although multi-asset funds have become popular in Asia, those that focus on emerging markets are not favoured by private bank investors, according to Christian Bucaro, BNP Paribas Investment Partners’ Singapore-based head of private wealth distribution for Asia-Pacific.
