Greater China accounts for the largest portion of its private banking assets.
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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.
Greater China accounts for the largest portion of its private banking assets.
There will be no changes to Robert Horrocks’ role.
Under the new structure, managers may find it easier to distribute their funds outside of Hong Kong.
But the US firm noted that it has “management control” over the joint venture.
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Singapore-based APS Asset Management has decided to liquidate their non-China funds, as 90% of its AUM are in China-related strategies.
The firm believes that companies in the healthcare and online sectors will remain resilient.
The list includes two Thai fund managers and only one global firm.
Mercer will recommend the underlying funds of the portfolio.
FSA compares two Asia-Pacific (ex-Japan) equity funds: the Aberdeen Standard Sicav I – Asia-Pacific Equity Fund and the Schroder ISF Asian Total Return Fund.
Part of the Mark Allen Group.