Mirova, a Natixis affiliate focused on ESG products, intends to join rival firms by launching a sustainable equity product.
Author Archives: Nancy Qu
China’s fintech investment down in 2019
Fintech investments in China totaled about $4.5bn last year, about one-fifth of the amount in 2018, according to a report by KPMG.
Report: More billionaires emerge in China
China adds 30% more billionaires in 2019 despite the ongoing trade dispute with the US and slowing domestic GDP growth, according to the Hurun Global Rich List 2020 report.
China 5G ETF gains $2.85bn in mainland
The rollout of 5G across the country is expected to be delayed, but the passive product from Beijing-headquartered China Asset Management has nonetheless become popular, according to data provider Wind.
UBS Wealth ESG portfolio pulls in Apac money
The bank’s sustainable cross-asset portfolio has gathered $1bn in assets from Asia-Pacific clients, according to a spokeswoman for the firm.
China’s asset managers try online roadshows
The global spread of the coronavirus has encouraged fund houses in China to interact online with investors, instead of the usual face-to-face roadshow.
J Safra Sarasin names new Asia CEO
The wealth manager has hired BNP Paribas Wealth Management’s former co-CEO.
US alts firm sets up Beijing WFOE
Other alternative asset managers have also established their presence in China.
Russell Investments readies onshore funds in China
The US firm had a joint venture with Ping An, which ended in 2015.
UBS AM brings three more funds in China
Separately, around 10 PFM products managed by foreign managers have less than RMB 5m ($715,000) in assets, according to a Z-Ben report.
