Allocations by Asia ex-Japan institutions to hedge funds and private equity have increased to 9.9% of their assets currently from 2.7% in 2010, the firm said.
Author Archives: Fund Selector Asia
Japan powerhouses set up fund house
Nomura Holdings has entered into a pact with Japan Post Bank, Japan Post and Sumitomo Mitsui Trust Bank to set up an asset management firm focused on Japanese retail investors.
ASEAN markets opening for foreign distribution
As China and Hong Kong unlatch the gate for cross-border fund distribution, regulatory changes in markets such as the Philippines and Malaysia are also opening for retail mutual funds, according to Cerulli Associates.
Northern Trust names Southeast Asia head
The firm has appointed Rohan Singh to head its Singapore and Southeast Asian business.
Asset manager IPOs raise questions for gatekeepers
After a fund house goes public, attention to its own stock price could detract from managing funds for clients, according to industry sources.
HK fund management business hits record $2.2bn
Hong Kong’s combined fund management business rose 10.5% last year to reach a record high of HK$17.68bn ($2.2bn), with a strong contribution from global investors, according to an SFC survey report.
Capital Group fund to invest in budding multinationals
The firm plans an Asia launch of its Luxembourg-domiciled global equity product that invests in blue chip companies with the potential to become global leaders.
Europe’s IM Square courting `powerful’ Chinese partner
IM Square, which supports boutique asset management firms in expanding their business, is in talks with a potential Chinese shareholder, said Philippe Couvrecelle, founder of the firm.
UTI International rolls out India fund
The Ireland-domiciled vehicle is aimed at institutional investors who wish to access India’s equity market.
China’s Q2 growth fails to impress
China beat market expectations with a 7% year-on-year growth for the second quarter. But in the second half, fund houses are concerned about the financial sector.
