As a manager of investment portfolios for clients in Hong Kong, he was convicted of accepting illegal commission payments.
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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.
As a manager of investment portfolios for clients in Hong Kong, he was convicted of accepting illegal commission payments.
In total, seven firms received new or additional inbound quotas in China last month.
Historical data suggests the inverted yield curve plus an interest rate cut will likely support high yield bonds, according to a manager at Alliance Bernstein.
Other firms also say they have not seen any transfer of money outside of Hong Kong that are linked to the protests.
Separately, the firm plans to expand its GEM fixed income team to include an Asia-focused analyst, according to Alejandro Arevalo, London-based emerging market fixed income fund manager at Jupiter Asset Management.
FSA compares two European equity funds: the Jupiter Growth Fund and the Oyster European Selection Fund.
AIA hires from Citi for head of funds; Capital Group names head of Europe and Asia distribution; Vanguard partners with Korea securities firm; 10-year returns for fine wines higher than Chinese equities; Hong Kong’s millennials snub ESG; and more…
Assets of three other China-focused thematic ETFs have already passed the break-even mark.
The firm aims to develop mutual funds managed by Eastspring for sale to domestic investors, following a similar set-up by competitor Manulife.
An ASI product has attracted the most interest among Asian investors, according to Evestment’s first half data.
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