The firm said it has decided to consolidate Singapore operational and client activities in Hong Kong.
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.
BMO, Jupiter, Schroders plan HK funds
BMO Global will launch an actively-managed fund that invests in passive products, while the regulator approved for launch other funds from Jupiter and Schroders.
Nikko AM launches SGD corporate bond ETF
Nikko Asset Management Asia has listed a corporate bond ETF in Singapore and the regulator MAS is reportedly a seed investor.
HKMA joins other regulators in social media trend
The Hong Kong Monetary Authority has set up a Facebook page, joining other regulators and central banks in the region that have a social media presence.
Premia Partners to launch thematic smart beta
The Hong Kong-based firm expects to launch two smart beta ETFs in August, with one investing in the Asean markets and the other in technology-enabled companies.
Hong Kong WM assets hit $1trn
In 2017, total assets under management by the private banking and private wealth management business in Hong Kong hit $1trn (HK$7.8trn), while asset management was up 23%, according to the Securities and Futures Commission (SFC).
In case you missed it (20 July 2018)
CFA to include blockchain and cryptocurrencies in the exam; Fidelity creates new role for Asia private banking sales; Franklin Templeton makes two hires for Asia multi-asset solutions; Singapore’s Lion Global rolls out low-cost balanced fund; SFC fines HSBC Broking for bond selling malpractices; Bloomberg launches Twitter feeds product for trading algos; and more…
Are private banks snubbing Hong Kong’s ETFs?
Studies have pointed out institutions’ increased ETF usage, but this may not be the case for private banks in Asia, according to David Quah, Hong Kong-based co-managing director for Value Partners’ quantitative investment solutions team.
Pictet WM: Asia’s industry leaders the better bet
Rising interest rates and global trade tensions are more likely to hit multinationals in Asia than the region’s home-grown leaders, who have become strong rivals, argues David Gaud, chief investment officer for Asia at Pictet Wealth Management.
Indonesia funds struggle in 2018
Indonesia-focused funds have become the worst performing products this year among all equity funds that invest in Asia-Pacific incl-Japan, according to FE data.
