Bank of Singapore creates innovation officer role; Axa IM bolsters Asia distribution team; Global hedge fund industry starts 2020 in the red; Hong Kong’s SFC fines BMI Securities for AML breaches; and more…
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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.
Bank of Singapore creates innovation officer role; Axa IM bolsters Asia distribution team; Global hedge fund industry starts 2020 in the red; Hong Kong’s SFC fines BMI Securities for AML breaches; and more…
Domestic fund managers are still launching more products despite the Wuhan coronavirus outbreak in the country.
Other plans include offering its globally-listed ETFs to investors in Southeast Asia.
The firm has raised THB 11.1bn ($360m) from two feeder funds that were launched last month.
The bank has hired HSBC Private Banking’s head of wealth planning for Asia-Pacific.
Hong Kong investors seem to be betting that the markets will recover this year from the US-China trade tensions and coronavirus impact.
Nuveen makes ESG appointment; Robeco SAM launches “Circular Economy Strategy”; Amundi ETF assets breach €50bn mark; Neuberger Berman acquires real estate investment firm; and more…
On the flipside, JP Morgan AM and HSBC Global AM had the highest net outflows, mostly driven by redemptions from their China equity funds.
Grab plans to launch retail wealth management and investment solutions in Southeast Asia.
The best-selling fund last year was a locally-wrapped version of Schroders’ Asian Income Fund.
Part of the Mark Allen Group.