UK-based Prestige Funds has attracted several foreign institutional mandates, including one from Asia, for its direct lending strategy in the past 12 months, according to the firm.

UK-based Prestige Funds has attracted several foreign institutional mandates, including one from Asia, for its direct lending strategy in the past 12 months, according to the firm.
Over the past four years, some mainland asset managers launched products in New York and London. How have they done?
Natixis, Value Partners, BEA, Bluebay, Nikko and Robeco have funds that placed among the top or the bottom performers in the fixed income funds category.
The real contribution of robo-advisors — bringing cost-efficiency to banks — is overshadowed by the narrow human vs machine argument, according to said Zheng Yudong, CEO at a Beijing-based robo-advisor Xuanji.
Capital Group has launched a US High Yield Fund as an income-generating play on global synchronised economic growth.
Managers cannot offer investors a guaranteed rate of return, according to one prohibition in the draft guidelines for asset managers released by the People’s Bank of China.
Asia’s robust corporate earnings and continuing reform in key markets are expected to lift stock prices in 2018, said Andrew Swan, head of Asian and global emerging market equities at Blackrock.
A majority of the industry responding to the SFC’s proposal on “enhancing industry regulation” were against introducing the fee-based model in Hong Kong.
Chinese state-owned financial conglomerate China Everbright Group has signed a partnership agreement with Ginmon, a German provider of robo-advisory services.
Manulife has launched an investment company wholly foreign-owned enterprise (WFOE) in Shanghai, the firm announced.
Part of the Mark Allen Group.