The country’s economy remains overwhelmingly dependent on oil and gas.
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.
Regs clash in the Hong Kong-UK MRF
A number of Hong Kong-domiciled funds do not meet requirements of the UK’s Financial Conduct Authority (FCA).
Japan equity funds tend to beat benchmarks
More domestic equity funds in Japan outperformed their benchmark indices than foreign equity funds, according to an S&P Dow Jones Indices report.
HEAD-TO-HEAD: Invesco vs Jupiter
FSA compares the Invesco Pan European Structured Equity Fund and the Jupiter European Opportunities Fund.
Singapore’s AM industry hits $2.39trn
The growth in Singapore’s asset management industry was broad-based across traditional mutual funds and alternative products, according to the Monetary Authority of Singapore’s latest asset management survey.
In case you missed it (26 October 2018)
Fidelity hires Pinebridge’s APAC CEO; Eastspring creates CIO for Chinese equities role in Shanghai; Japan’s Line app launches theme-based investment service; ETF provider Van Eck launches Australia’s first China-focused ETF; Tokyo-based Sumitomo Mitsui partners with Factset to launch robotics product, and more…
China AMC plans mixed-asset launch in Hong Kong
The firm’s global balanced fund will be sub-advised by Toronto-based Mackenzie Investments. Separately, Tencent’s joint venture is also expected to launch its fixed income fund.
UBS names new APAC president
Edmund Koh will replace APAC president Kathy Shih, who plans to retire from the bank after 32 years.
HSBC Global gets northbound MRF approval
Year-to-date, only six Hong Kong-domiciled funds have been approved for sale in the mainland, according to records from the China Securities Regulatory Commission (CSRC).
Be wary of ESG data, Templeton says
ESG disclosures from companies and data providers are backward-looking, argues Maarten Bloemen, Toronto-based portfolio manager and research analyst for global equities at Franklin Templeton Investments.