Managers based in the region aim to expand their product range to include more complex asset classes over the next five years, according to a State Street survey.
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.
Impact investing hits obstacles
Lack of successful examples for investment returns and weak corporate governance are key challenges for impact investment in Southeast Asia, according to the latest report by the Global Impact Investing Network.
StanChart explores robo-advice
Standard Chartered Bank is exploring ways to integrate artificial intelligence into its businesses, one of which is robo-advisory, according to Peter Clark, regional chief information officer for Greater China and North Asia.
China’s quota programmes take a break
China did not give additional allocations for its inbound and outbound quota programmes last month, according to records from the State Administration of Foreign Exchange (SAFE).
In case you missed it (03 August 2018)
Fidelity hires M&G Investments’ CEO; Man Group appoints a co-head for responsible investments; Gam Investments secures discretionary business licence in Japan; Malaysia’s Affin Hwang launches absolute return fund; SFC implements open-ended fund companies regime; and more…
Principal Global goals include Taiwan operation
Operations in Taiwan and Korea, increasing its stake in its China joint venture and launching more products across Asia are among the firm’s aspirations in the region, according to the firm’s executives.
MRF northbound funds lose half of assets in H1
Funds sold in China through the Mutual Recognition of Funds (MRF) scheme had a record month of outflows in June and in total lost half of assets since January, according to the State Administration of Foreign Exchange (SAFE).
Bank loans an ‘oasis’ in fixed income
T Rowe Price has increased allocation to bank loans across its high yield strategies, according to Gregor Dannacher, Baltimore-based fixed income portfolio specialist.
Pimco wins offshore fund license in Taiwan
Pimco has opened an office in Taipei after receiving approval to distribute its offshore-regulated funds to domestic investors.
Shariah funds gather assets in Malaysia
Assets of shariah-compliant funds in Asia continue to grow, driven by the markets of Malaysia and Indonesia, according to a report by Boston-based research firm Cerulli Associates.
