In total, seven firms in August became first-time recipients of China’s quota programme, allowing them to invest in the onshore markets.
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.
HK industry body proposes ‘wealth management connect’
Wealth managers in Hong Kong should be allowed to market products to clients in the Greater Bay Area, among suggestions from the Private Wealth Management Association (PWMA) and KPMG.
Ex-Aviva fund selector resurfaces at Allfunds
Allfunds has bolstered its Asia presence with three new hires, according to a statement from the firm.
Hedge fund manager enters HK retail market
Hong Kong-based Foundation Asset Management has received the regulatory green-light to roll out a fund in the local market.
Is the fund of hedge funds business dying?
Investors in the region, especially institutions, have been avoiding fund of hedge funds (FoHFs) and instead allocating to hedge funds directly, according to Ronnie Wu, co-founder and chief investment officer at Penjing Asset Management.
Nomura to buy stake in Julius Baer’s Japan unit
The deal will help the Swiss firm access more local high net worth clients.
In case you missed it (28 September 2018)
Principal Global hires Amundi’s Asia fixed income head; Unigestion appoints two investment managers for cross-asset solutions; Japanese firms using machine learning to invest; Microsoft, Alphabet and Apple still the most widely-held companies; Global firms launch tobacco-free finance pledge; and more…
China fund distribution is not only via banks
The handful of global managers with private fund management licences compete against 23,000 domestic players. How can they reach more investors?
Investec brings China fund to Malaysia
The firm has partnered with Kuala Lumpur-based TA Investment Management to launch its China-focused equities fund, which is up 70% over three years.
HSBC pulls from UBS, Natixis for APAC roles
HSBC Private Banking has announced five senior appointments, four of them external hires.
