Asian sovereign wealth funds have a dominant portion of their portfolios in equities, according to research by Cerulli, which expects the trend to continue.
Author Archives: Fund Selector Asia
First State absolute return strategy
First State Investments intends to launch an absolute return strategy fund in Asia as it seeks to expand its product offerings, according to Jamie Grant, head of Asia fixed income.
Asia better prepared for US rate rise
The US is poised to raise interest rates next year, but Asian markets look much better positioned than in 2013, when the expectation of an end to the US Federal Reserve’s asset purchases resulted in massive capital outflows from the region, said Jamie Grant, head of Asia fixed income at First State Investments.
HEAD-TO-HEAD: Eastspring Japan Dynamic Vs Invesco Japanese Equity Advantage
The Japanese market has been thrust into the spotlight. In an unexpected move, Bank of Japan surprised markets globally last week by expanding its annual stimulus programme as it seeks to revive economic growth, pull Japan out of deflation mode and progress toward its 2% inflation target.
Henderson appoints
Henderson Global Investors has appointed David Bennett as director of institutional sales in Asia, replacing Richard Clarke who recently resigned from his role.
Manulife appointment
Manulife Asset Management (Singapore) has poached UOB Asset Management’s Hui Min Ng to fill the newly-created position of director, Singapore equities.
Mellon Capital appoints Philip Lung division head
Mellon Capital Management, a division of BNY Mellon Investment Hong Kong, has appointed Philip Lung to the newly-created position of Asia Pacific division head.
Malaysia Affin Hwang unveils Asia focused UCITs
Affin Hwang Asset Management has launched its maiden UCITS fund, the first Luxembourg-registered fund in Malaysia, according to Esther Thye, chief strategy officer.
Neuberger Korea pact
Neuberger Berman has entered into a partnership with Samsung Securities and its affiliate Samsung Asset Management to expand its product offerings in South Korea.
Investec granted RQFII licence plans China funds
Investec Asset Management has been awarded an RQFII licence to invest directly into China’s mainland markets, and will launch two new funds focusing specifically on the region.
