UBS AM, Value Partners and Winton Capital have had more onshore products approved for launch via the private fund management (PFM) channel.
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UBS AM, Value Partners and Winton Capital have had more onshore products approved for launch via the private fund management (PFM) channel.
The Hong Kong-based digital wealth management services firm will be involved in Japan’s scheme to cultivate its asset management industry.
The Shanghai-based wealth management firm reported income dropped 50% in the third quarter due to factors including China’s slowing GDP.
Following a similar fund debut in September, Capital Group is bringing another product focused on global innovation to Hong Kong and Singapore.
A senior China appointment signals that the firm may be coming off the sidelines to follow competitors, who have already launched multiple funds onshore.
CSOP Asset Management has pulled two ETFs from the Hong Kong market since July, following a spate of other firms doing the same.
Blackrock’s i-Shares follows a number of asset managers in pulling ETFs from the Hong Kong Stock Exchange.
Similar to rival firms, the Hong Kong-based asset manager intends to introduce an Asia bond fixed maturity product (FMP).
Hong Kong-domiciled products sold in the mainland (northbound funds) continue to gather assets.
The wealth management business at Credit Suisse, like at rival banks, has been the bright spot on the balance sheet.
Part of the Mark Allen Group.