Private bank investment in iShares smart beta products increased by five times since the beginning of 2017, according to Ben Garland, Blackrock’s Hong Kong-based head of factor investing for Asia-Pacific.
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.
Nikko expands China equities team
Nikko Asset Management has beefed up its China equities team through new hires based in Hong Kong and Shenzhen.
AI remains a trend follower when markets fall
Malaysia-based asset manager Farringdon Group has shelved plans to launch an artificial intelligence investment strategy after the performance disappointed.
In case you missed it (29 June 2018)
JP Morgan AM expands Asia beta strategies team; Barings hires for Asia alternatives; E Fund and SSGA co-develop China-focused environmental strategy; Natixis IM expands private debt capabilities; global hedge fund industry sees net inflows; and more…
WMs prefer active funds for China exposure
In China’s inefficient equity market, active management is preferred to passive investing, according to wealth management sources.
Foreign managers seek more China assets
US-based firms, including Bridgewater Associates and State Street Global Advisors, have become new licence holders in China’s quota programme that allows them to invest in the country’s onshore markets.
Blackrock’s Swan overweight India, Indonesia
Asia equities have been down year-to-date, but Andrew Swan, head of Asian and global emerging market equities, believes the reason is negative investor sentiment, which is at odds with positive corporate fundamentals.
Dimensional in aggressive Asia fund push
US-based Dimensional Fund Advisors is awaiting regulatory approval from the Monetary Authority of Singapore for nine funds to be sold in the Lion City, according to records from the regulator.
Dollar strength hits EM positions, says UBS Wealth
The strengthening US dollar has resulted in tactical changes to client portfolios, according to Mark Haefele, Zurich-based group managing director and global chief investment officer.
SSGA stays overweight US large caps
The US large cap equity market gets the firm’s biggest overweight, while exposure to Europe, Japan and emerging markets is reduced, according to Kevin Anderson, Hong Kong-based head of investments for Asia-Pacific.