Aberdeen Asset Management Asia has entered into an agreement with Indonesias NISP Sekuritas to acquire an 80% stake in NISP Asset Management.
Author Archives: Fund Selector Asia
Open ended fund structure planned for Hong Kong
The Hong Kong government has announced measures to boost the development of the local asset management industry.
Singapore Fullerton to open London office
Fullerton Fund Management a wholly-owned subsidiary of Singapore state investor Temasek Holdings is to set up an office in London, and will be shortly applying for a license from the Financial Conduct Authority.
UK Singapore agree to deepen financial cooperation
The UK and Singapore have agreed to deepen their financial and economic cooperation and also supported the setting up of a private sector forum to boost development of the offshore renminbi market
Eastspring Investments ties up with HSBC
Eastspring Investments Indonesia and HSBC Indonesia have entered into an agreement to distribute the asset managers Alpha Navigator equity fund to the banks retail customers in the country.
Fund distribution model Korea report
An online fund supermarket preparing for launch in Korea is unlikely to have much of an impact on the country’s mutual fund distribution landscape in the short term, according to Cerulli Associates.
ASIFMA forms asset management group
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.
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.
