Hong Kong’s main financial regulator has hit back at the territory’s top prosecutor who said the SFC should be stripped of its power to prosecute.
Author Archives: Fund Selector Asia
Credit Suisse names Neumann to succeed Ng
Credit Suisse has named Wolfgang Neumann to succeed Chuck Ng as head of external asset managers (EAM) in the Asia Pacific region, based in Singapore.
Opportunity for advisers as investors to add risk
A significant opportunity is presenting itself to advisers in the Middle East and Asia, according to research from Natixis, as investors seek to increase risk but are currently under-advised.
HK SFC signs AIFMD supervision agreement
The Securities and Futures Commission in Hong Kong has signed a memorandum of understanding with European authorities on the supervision of alternative investment fund managers.
Old Mutual Wealth beefs up Asian op
Carol Wong has been named as Old Mutual Global Investors’ new head of distribution for Asia and is one of a trio of senior Hong Kong-based appointments aimed at expanding the asset manager’s and sister company Skandia International’s offshore businesses.
Vietnam’s first actively managed UCITS
One of SE Asia’s biggest asset managers has launched an actively-managed Ucits equity fund designed at international investors wishing to gain exposure to Vietnam’s public equity markets.
HK managers in race to offer funds for mainland
Hong Kong-based fund managers are “racing” to introduce Hong Kong-domiciled funds, ahead of plans for a “mutual recognition” programme that will enable them to be sold in mainland China, according to a report published today in the South China Morning Post.
One in twenty singaporeans seen millionaire
Nearly one in 30 Singaporeans is a dollar millionaire a figure which is expected to rise to nearly one in 20 in five year’s time as the financial service sector grows and newly wealthy families from elsewhere in Asia flock to the island city state, according to a new report.
Baring poaches Schroders Luo
Baring Asset Management has hired Schroder Investment Management’s Laura Luo as head of Hong Kong China equities effective 12 September.
RBC Gam hires HK based head of Asian equities
RBC Global Asset Management, the asset management arm of Royal Bank of Canada, has poached JP Morgan Asset Management’s Mayur Nallamala as a senior portfolio manager and head of Asian equities.
