The local equity market seems to be recovering this year after falling 16% in 2018.
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.
In case you missed it (11 January 2019)
Merian Global names HK head of sales; Institutions to increase private market allocation; BEA Union launches fixed income fund; Global hedge funds down in 2018; SFC fines FWD Life HK$2.4m; and more…
Greater China funds – best and worst in 2018
The best performing Greater China fund in the Hong Kong universe had a -9% calendar year return.
Fixed income assets nearly double in Taiwan
Taiwan investors poured $2.2bn into renminbi bonds last year and fixed income products accounted for 80% of net inflows, according to data from Morningstar Direct.
Indonesian bonds in Manulife AM’s sights
The firm also likes onshore China bonds, despite the potential for an escalation of the trade war with the US.
HSBC PB names new North Asia wealth solutions head
The private bank division is on a hiring spree, with the ambitious goal of adding 700 more people in Asia over the next five years.
Affin Hwang launches UBS fund in Malaysia
Greater China funds had the second highest net inflows in Malaysia, according to Morningstar data.
J Safra Sarasin hires from Credit Suisse for HK role
The bank expects additional hires this year to expand its coverage in Asia.
Allianz GI shuns EM equities
The firm’s views on the asset class differ from other managers, who believe valuations have made emerging market equities attractive.
HK investors lack interest in cross-border schemes
Most Hong Kong investors have not participated in the various cross-border schemes that connect the SAR to the mainland, according to a survey conducted by the Hong Kong Investment Funds Association (HKIFA).
