Hong Kong’s Asia Securities Industry and Financial Markets Association (ASIFMA) has launched an asset management group to advocate the views and interests of Asian asset managers at local, regional and global levels.
Author Archives: Fund Selector Asia
HK fund industry net sales slump in 2013
The Hong Kong fund industry witnessed a slump in net sales in 2013 over the previous year, according to Hong Kong Investment Funds Association, which attributed the decline to bond funds which saw net annual outflows for the first time since 2007.
Sinopac to launch Asian equity value fund
SinoPac Asset Management will launch the Accudo Asian Value Arbitrage Fund in early March and has appointed Manuel Schlabbers as the fund manager.
JP Morgan AM Head of Global Liquidity sales
J.P. Morgan Asset Management has named Paula Stibbe as head of global liquidity sales for the Asia Pacific region.
Asean collective schemes for Thai retail investors
The Thai regulator has paved the way for cross-border ASEAN collective investment schemes to be sold to retail investors later this year, with the publication of a set of draft regulations.
Bonds out of favour with HK managers
The majority of asset managers in Hong Kong are optimistic about the outlook for equity markets and many continue to hold a negative view of bonds, according to a recent survey.
Unusual trading prompts review of SGX
The Monetary Authority of Singapore and the Singapore Exchange have drawn up plans to strengthen the securities market after shares in three companies unexpectedly plummeted on the same day last year.
Hermes bolsters Asia presence
Hermes Fund Managers has appointed Jakob Nilsson as director of business development for Asia.
Vanguard names Comegys APAC investment head
Vanguard has appointed Rodney Comegys as head of investments Asia Pacific and head of equity investment group Asia Pacific.
State Street sets up office in Shanghai
State Street Corporation has set up an office in Shanghai to provide alternative investment servicing solutions to its hedge fund clients.