Blackrock’s PFM expands business scope; ASI makes key hire in Australia; Fidelity launches proprietary sustainability rating system; MSCI rolls out more ESG indices; 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.
China to relax onshore fund rules
Separately, a UK-China MRF programme is in the pipeline and more UK firms are expected to set up WFOEs in China.
Fund firms struggle with SFC’s responsibility regime
A number of firms are still finding it difficult to comply with Hong Kong’s manager-in-charge (MIC) regime.
Quant firm launches more China onshore funds
Winton Capital rolls out quant products while Alliance Bernstein, Allianz Global Investors and DE Shaw receive private fund management (PFM) licences in China
High conviction China fund aimed at long term
In Xingtai Capital’s highly concentrated China fund, the top ten account for 60% of the portfolio, which holds only 20-30 positions.
Amundi preps HK’s first education-themed fund
The firm plans to bring more thematic products to Hong Kong investors with help from subsidiary CPR Asset Management.
In case you missed it (14 June 2019)
ASI and Gam make Australia appointments; UOB Venture launches its second Asian-focused impact fund; S&P Dow Jones explains Facebook’s exclusion from ESG index; Moody’s comments on UBS-Sumitomo Mitsui tie-up; and more…
Is there a value trap in Chinese equities?
Many Chinese banking, construction and property stocks are trading at deeply discounted prices, according to Gam Investments.
Domestic managers share China’s ESG challenges
ESG investing in China is largely driven by international investors, as domestic fund managers and institutions are still trying to understand the concept, according to a CFA report.
Jupai revenues down 35%
Private equity products have taken a hit, according to the quarterly results of China’s two NYSE-listed wealth managers, Jupai and Noah Holdings.
