The biggest challenge for robo-advisors in China is to convince investors to take a long-term view on passive investing, said Frank Wang, managing director at Creditease Wealth Management, which launched a robo advisor in May.
Author Archives: Fund Selector Asia
Amundi EM overweight is China equities
China risk scenarios have low probability in 2017 and valuations are among the most attractive in the region, according to Anthony Ho, Amundi Asset Management’s deputy CEO for North Asia and chief investment officer for Asia ex-Japan equities.
Asia’s WM talent is not coming from abroad
Foreign wealth management talent is reluctant to relocate to Asia and anyway, locals are much better suited for the role, according to recruitment firms.
Content Clever lucky draw winners
The winners of our Content Clever lucky draw are from Hang Seng Bank and DBS Private Bank.
Survey: HK top regional fund hub by 2025
A majority of asset managers believe that Hong Kong will be the leading Asian cross-border fund domicile by 2025, far ahead of its rival Singapore, according to a survey conducted by Brown Brothers Harriman.
UBS AM set to launch onshore products in 2017
UBS Asset Management expects to launch China equity funds for onshore institutional and HNW clients in the second half next year through its wholly foreign-owned enterprise (WFOE), said Aries Tung, head of strategy and business development for China.
MAS wants ethics training requirement
In the wake of the 1MDB scandal, the Monetary Authority of Singapore is consulting with the industry to introduce an ethics module in the exam taken by representatives appointed by financial advisers and capital markets intermediaries.
Moody’s revises global AM industry outlook to negative
Moody’s has revised its outlook of the global asset management industry to negative from stable for reasons linked to regulations and the performance of active funds.
Value Partners’ new CEO is ex-Eastspring HK chief
Au King-lun joins Value Partners today after serving one year as Eastspring Investments Hong Kong CEO.
Survey: Hong Kong fund sales drop
Sales of collective investment schemes in Hong Kong dropped by 15% from HK$65bn (US$8.4bn) to HK$55bn during the period April 2015-March 2016, according to the SFC’s yearly survey.
