Following Singapore, Hong Kong’s Securities and Futures Commission has proposed that fund distributors cannot call themselves independent if they are receiving commission from distributing funds, and they need to state the fee amount at the point of sale.
Author Archives: Fund Selector Asia
Aberdeen trims China bond exposure
Macro risks on the horizon have prompted EM portfolio adjustments, said Kenneth Akintewe, senior investment manager for Asia fixed income.
M&G: EM shine remains despite US-led risks
Rate hikes and anti-global trade sentiment aside, emerging market equities remain cheap and fundamentals are stabilising, according to investment director Jeik Sohn.
Bank of Singapore to open PB services in Dubai
The bank intends to offer services including wealth planning advisory to its HNWI and UHNW clients in the Middle East.
Swan positive on Asian equities in 2017
A transition from monetary to fiscal policy, progress on reforms in the region and low valuations make Asian equities attractive in 2017, said Andrew Swan, head of Asian equities at Blackrock in Hong Kong.
The FSA Fund Awards 2017
Fund Selector Asia has launched its third annual fund awards, which honours excellence in Asia’s fund management industry.
JPMAM Australia appointed new CEO
Rachel Farrell will take on JP Morgan Asset Management’s newly-created role as CEO and country head of global investment management in Australia.
SFC fines ex-fund house employee
For failing to declare commission and an improper know-your-customer process, the Securities and Futures Commission has banned Benedict Ku Ka-tat for one year and fined him HK$150,000 ($19,340).
China meltdown `very unlikely’: Lombard Odier
China’s debt-to-GDP increased to 250% in the first quarter this year from 154% in 2008. But the firm believes the picture is not as bad as it seems.
What does the industry think? 21 November
FSA has managed to find a bold group of industry thinkers who are unafraid to speak their minds on crucial industry topics. This week: pay-for-performance model
