The Hong Kong Securities and Futures Commission (SFC) has reprimanded and fined Phillip Securities $1m for failings in selling a fund to four clients who lost their investment.
Author Archives: Fund Selector Asia
China’s “one belt, one road” to widen investment avenues
The OBOR strategy is likely to boost foreign investment and export growth, leading to more opportunities in industrial A-shares, according to Invesco Asset Management.
Institutional investors on tail risk events
Institutional investors in Asia-Pacific are more concerned about tail risk events such as oil price shocks, new asset bubbles or geopolitical tensions compared to their global counterparts, according to a study by Allianz Global Investors.
FSA Awards Singapore 2015
This Gallery contains images taken from the FSA Awards Singapore event in 2015.
A bubble in China inflated markets
“From an equity market perspective, all classic signs of a bubble are out there,” he said. He warned that the amount of money that inexperienced and first-time investors are borrowing on margin to buy stocks is uncomfortably high. “The margin debt in China as a share of its stock market is higher than during […]
UBS appoints new China country head
Qian replaces David Li, who left the firm in September last year, a spokesman said. Qian has 20 years of experience in China/Hong Kong banking and worked as president and board director of Citi China. At Citi, he was responsible for corporate and investment banking strategy as well as the consumer banking businesses. He joined […]
BNP Paribas WM names NRI business head
Singh joins the firm from JP Morgan Private Bank, where he worked as executive director. He has about 20 years of experience in the wealth management industry and has previously worked with Barclays Wealth, HSBC Bank and ABN AMRO Private Bank. Singh is responsible for building and managing a team of relationship managers serving the […]
ETF tracking USlisted China companies unveiled
The XIE Shares FTSE Chimerica ETF (Chimerica) was listed on the Hong Kong Stock Exchange today and tracks the FTSE China N Shares All Cap Capped Net Tax Index. Apart from the new ETF, the firm has plans to launch three additional ETFs during 2015, Tobias Bland, chief executive at EIP told Fund Selector Asia. “There are […]
Aviva Investors unveils multi-strategy fund in Australia
The Aviva Investors Multi-Strategy (AIMS) Target Return Fund aims to deliver a return of 5% per annum above the Reserve Bank of Australia’s base rate over any rolling three-year period, the firm said. The current Australian base rate, called the cash rate, is 2.25%. “No matter who they are, investors want simple and specific outcomes […]
Maybank launches ASEAN approved fund in Malaysia
The Maybank Bosera Greater China ASEAN Equity-I Fund seeks to tap opportunities in Greater China and ASEAN.
