IT will only account for 3% of the MSCI China Index following the GICS reclassification.
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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.
IT will only account for 3% of the MSCI China Index following the GICS reclassification.
The fines have increased in 2018 as a result of the regulator’s focus on “more serious matters”, according to enforcement chief Thomas Atkinson.
Investment preferences and the commission-based distribution model are among the key barriers to Asian retail investors buying exchange-traded funds.
Firms offering digital advice will be exempted from the corporate track record and AUM requirements, under certain conditions.
Many of today’s B2C robo-advisors lack most of the value-added advisory tools offered by banks and wealth managers, argues Donald Soo, founder and CEO at fintech firm Malabar AI.
The Hong Kong-based firm expects to have five Kuala Lumpur-based employees by the end of the year, including sales and investment professionals.
The firm has lodged an application in Singapore to launch 12 funds for the retail market.
FSA compares the AB American Growth Portfolio and the Threadneedle (Lux) American Fund.
Aberdeen Standard expands Japan business; State Street creates role for its academic affiliate; Jack Lin joins MSCI’s executive committee; APAC family offices need succession planning; Phillip Capital launches an ETF in Singapore; Mercer and Morningstar team up; and more…
Value Partners Technology Systems no longer has its licences in Hong Kong after the regulator removed them last month.
Part of the Mark Allen Group.