Bank of East Asia’s wealth management business posted a 6% profit and delivered 24% growth in assets under management for the fiscal year ending December 2017, according to the bank’s recent financial report
Author Archives: Fund Selector Asia
FE Advisory Asia Portfolio review – January 2018
The firm’s balanced portfolio grew in January, driven by a rally in Chinese, Japanese and US equities, according to FE Advisory Asia.
HEAD-TO-HEAD: SSGA vs Value Partners
FSA compares the strategy of two exchange-traded funds: the SSGA SPDR Gold Shares ETF and the SAM Value Gold ETF, which are the only physical gold passive funds available for sale in Hong Kong.
Thai investors liked equity funds in 2017
Thai investors were optimistic about the local economy in 2017, adding to their equity holdings while investors in China and Hong Kong took money out of equities.
CPG to launch China ETF in Europe
State-owned China Post Global has applied to launch a China A-shares ETF in Europe, adding to its Market Access range of ETFs on the continent, said the firm’s London-based managing director Danny Dolan.
China’s corruption score improves
President Xi Jinping’s anti-corruption campaign appears to bear fruit as the country inches up in Transparency International’s newly-released 2017 Corruption Perception Index.
Fullerton launches onshore fund in China
Fullerton Fund Management, owned by Singapore state-run Temasek, has become the latest asset manager to be granted approval to sell an onshore private fund in China.
Hang Seng WM business grows profit 33%
Hong Kong’s Hang Seng Bank reported a 33% increase in income generated by its wealth management business, driven by strong demand for investment products.
Which SG funds gathered the most assets in 2017?
The Singapore-domiciled funds with the highest inflows in 2017 were from Schroders and UOB, while a Fullerton fund had the highest net outflows.
China AMC: Warrants preferred over L&I ETFs
The slow development of leveraged and inverse exchange-traded funds (L&I ETFs) in Hong Kong may be due to the SAR’s well-established warrant market, said Frederick Chu, head of ETFs at China Asset Management.
