The sale to LGT Group marked the fifth foreign private bank to withdraw from their Asia operations this year, and further consolidation is expected to continue.
Author Archives: Fund Selector Asia
Morningstar Asia fund reviews and re-ratings – November
Upgrades for Allianz, Fidelity, First State, Schroders and Templeton and coverage initiated on several others, together with the new “sustainability rating”.
Robo-advisers continue Asia momentum
Despite arguments that HNWIs want only people to manage their wealth, robo-advisories in Asia are going after a client base that overlaps with wealth managers while some big banks are integrating robo into their advisory services.
China’s Harvest to launch UCITs funds
Harvest Global Investments head of business development, Ashley Dale, said the firm will be launching new products and building its brand regardless of current market appetite.
Study: Singapore, HK lead with women fund managers
Singapore and Hong Kong are among the countries that have the highest percentage of women fund managers internationally, according to a Morningstar study.
What does the industry think? 05 December
FSA has managed to find a bold group of industry thinkers who are unafraid to speak their minds on crucial industry topics. This week: Management charge split
FSA Fund Awards shortlist: Part 4
FSA reveals the shortlisted funds for three asset class categories in the third annual FSA Fund Awards.
HK links with Shenzhen, inks Switzerland MRF pact
HK launched the Shenzhen connect today and the SFC signed an agreement for an MRF link with Switzerland, as the SAR aims for more than just being a distribution hub, according to Jeremy Lam, a Hong Kong-based partner and the head of Deacon’s financial services practice.
Trump Tantrum hits emerging markets
Foreign investors took their money out of EM assets at the fastest pace since the 2013 Taper Tantrum in November, according to the Institute of International Finance (IIF).
MAS bans star dealmaker, fines SCB, Coutts over 1MDB
The Monetary Authority of Singapore has slapped a ban on an ex-Goldman Sachs banker while Standard Chartered and Coutts have been hit with record fines for their roles in Malaysia’s 1MDB scandal.
