Hermes IM adds to global credit team; DBS PB to expand Dubai team; hedge fund redemptions continue; Fund Selector Asia wins State Street Institutional Press award; job movers in finance to expect higher salaries; former Standard Chartered private banking head acquitted for bribery; 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.
Citi PB demystifies Chinese investors
How China’s high net worth investors made their wealth has shaped the way they want to invest it. Julie Koo, managing director and head of the private bank’s investment management sales, explains.
BNY Mellon IM in HK fund push
In total, the firm registered six funds with the Securities and Futures Commission (SFC) this year.
SFC working to widen fund distribution
The Securities and Futures Commission said it is working on diversifying fund distribution channels, which have been dominated by banks.
Blackrock’s Swan bets on India, Indonesia
Asian markets that fell the most during the first half will do the best in 2019, argues Blackrock’s Andrew Swan.
Wealth managers don’t satisfy Asia’s HNW
Complex fee structures and the need for a more personal connection with relationship managers have led to dissatisfaction among Asia’s high net worth investors.
Affin Hwang and Samsung AM tie up for L&I products
Affin Hwang and Kenanga Investors are set to take advantage of the new rules that will allow L&I products in Malaysia next year.
Amundi to acquire Mirae’s Taiwan fund business
The acquisition will enable the French firm to develop onshore funds in Taiwan.
FE merges with Fund Info and F2C
Under new ownership, the three research firms aim to connect 800 asset managers with at 3,000 fund distributors, the majority of which are wealth managers, platforms and private banks.
Blackrock names new APAC chief
Geraldine Buckingham will replace Ryan Stork, who will be assuming another role within the firm.