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…
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.
Fundraising strong in China despite coronavirus
Domestic fund managers are still launching more products despite the Wuhan coronavirus outbreak in the country.
Mirae Asset targets investors in Vietnam
Other plans include offering its globally-listed ETFs to investors in Southeast Asia.
Eastspring rolls out two funds in Thailand
The firm has raised THB 11.1bn ($360m) from two feeder funds that were launched last month.
Bank of Singapore makes key Greater China hire
The bank has hired HSBC Private Banking’s head of wealth planning for Asia-Pacific.
Hong Kong investors jump into China ETFs
Hong Kong investors seem to be betting that the markets will recover this year from the US-China trade tensions and coronavirus impact.
In case you missed it (07 February 2020)
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…
Invesco, Pinebridge lead in Taiwan fund flows
On the flipside, JP Morgan AM and HSBC Global AM had the highest net outflows, mostly driven by redemptions from their China equity funds.
Southeast Asia’s ride-hailing firm buys robo-advisory
Grab plans to launch retail wealth management and investment solutions in Southeast Asia.
Income theme continues in Malaysia
The best-selling fund last year was a locally-wrapped version of Schroders’ Asian Income Fund.