The firm set up its Hong Kong office in 2007 and has been investing in Asia since 2010. “We have ambitious plans for further growth in the region as we see increasing interest for our Asian products from our global investor base,” said Karine Hirn, partner and co-founder of the firm. Hirn leads the Hong […]
Author Archives: Fund Selector Asia
Baring warms to Korean market
The US and China provide some benefit to Korean corporates, Hyung Jin Lee, head of Asian equities, wrote in a recent research note. As the US economy expands, Korean exports should pick up. Another tailwind is the increasing number of Chinese tourists visiting the country. “In 2014, Chinese residents visited Korea more than any other […]
HEAD-TO-HEAD: BlackRock Global Allocation vs Schroders Global Multi-Asset Income
For one thing, when market valuations across various asset classes start to look stretched, investing in multi-asset funds is one way of reducing concentrated risk, according to Karen Tan, director and head of global wealth solutions in Asia-Pacific at Deutsche Asset and Wealth Management. Moreover, market volatility has been rising, and multi-asset products help to smooth performance […]
Asia worlds richest region by 2016
Asia-Pacific is expected to overtake North America as the region with the largest amount of private wealth by 2016, according to a report by the Boston Consulting Group.
UCITS funds are diminshing in Asia
“It is also pointless for UCITS managers to get excited about the imminent mutual recognition of funds (MRF) scheme between China and Hong Kong, as funds sold under this scheme have to be locally domiciled,” added Rachel Poh, senior analyst. The report is an about-face for Cerulli, which in the past said that the threat to […]
UBS Wealth to launch new service in Taiwan
UBS Advice is expected to be launched in July, aimed at high net worth individuals in Taiwan. The service is already available in Hong Kong and Singapore. The service builds a portfolio considering a client’s needs and risk profile. The investment advice is based on UBS Investment’s house views and the portfolio is maintained through […]
Trio of acquisitions fast-tracks Henderson’s pan-Asian growth
The first acquisition sees Henderson acquire Perennial Fixed Interest Partners and Perennial Growth Management from IOOF and each company’s employee shareholders, while the second sees the firm increase its stake in 90 Western Asset Management to 100% from 41%.
Life time ban on a securities broker
Yu Chun Chieh worked with QMIS Securities (Asia), previously known as Zavori Securities (Asia), from 11 April 2013 to 3 January 2014, as a licensed representative. In May 2013, Yu persuaded a Taiwan-based investor to deposit money into Yu’s private bank account in Hong Kong so that a stock trading account could be opened. The […]
BNY Mellon abandons Asian platform
When BNY Mellon launched its separately managed accounts (SMA) business, called Spectrum, in January last year, it was described as a “major breakthrough” by the chief executive of the firm’s Asia Pacific SMA business, AJ Harper. The platform partnered with private banks and nine international asset managers – including BlackRock and Henderson – to offer more […]
UBS introduces wealth management app in Asia
The firm said the app tracks a client’s portfolio, tests it against critical risk factors and sends a notification when the portfolio deviates from the client’s investment strategy. It was developed in response to increasing client preferences for digital solutions in Asia. “We believe Asian clients are more digital than in other parts of the […]
