Bank marketshare of mutual fund distribution in the region has been gradually declining.
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.
Maybank AM targets Singapore retail investors
The firm intends to launch a balanced fund for retail investors in the Lion City.
Manulife AM rolls out HK fund in the Philippines
Manulife Asset Management and Trust has launched seven mutual fund products in the Philippines since the firm was set up last year.
SSGA granted WFOE licence
Separately, Vanguard and Bridgewater Associates increased the invested capital of their wholly foreign owned enterprises (WFOEs) in China, according to Z-Ben Advisors.
Singapore firm to launch alts robo platform
Xen will be targeting accredited investors in Asia, including Hong Kong and Singapore, according to Katrina Cokeng, Singapore-based co-founder and CEO of the firm.
In case you missed it (21 December 2018)
Former Khazanah Nasional exec joins robo firm; 600 funds in China liquidate; “Santa rally” has been real, evidence shows; Institutions prefer active over passive strategies; Ex-Goldman Sachs director banned for life in Singapore; and more…
HEAD-TO-HEAD: Hamon vs Schroders
FSA compares two Asian (ex-Japan) equity funds: the Hamon Asian Market Leaders Fund and the Schroder ISF Asian Opportunities Fund.
China Post to launch fixed income fund in HK
The product will be the firm’s second locally-authorised mutual fund for investors in Hong Kong.
In case you missed it (14 December 2018)
CIMB Principal AM names new Asean CEO; Franklin Templeton hires duo from Fullerton; China’s mutual fund industry continues to grow; Man Group introduces responsible investing framework; Slump in hedge fund returns continues; Natixis IM combines private equity units; and more…
Will China’s new WMP units compete with PFMs?
The new wealth management subsidiaries that banks in China are now allowed to set up could rival fund managers to some extent, according to Cerulli Associates.
