The NYSE-listed Chinese wealth manager reports a sharp drop in Q2 revenue and profit as HNWI clients turn risk-averse.
Author Archives: Nancy Qu
Blackrock to launch China-focused fund
Hong Kong’s Securities and Futures Commission (SFC) has approved sale of another China bond fund from the firm.
HKIFA slams Hong Kong’s ‘boilerplate’ ESG reporting
Investors need clearer understanding about how ESG principles are deployed in listed companies, and the board of directors should take responsibility, argues the Hong Kong Investment Funds Association (HKIFA).
Third asset manager joins Swiss-HK MRF
Despite the Hong Kong firm joining the cross-border distribution scheme, there is little interest from the industry.
China’s regulator signals further opening
The QFII scheme is a transitional step towards China’s orderly opening of its capital markets, according to the 2018 annual report from State Administration of Foreign Exchange (Safe).
Investec manager turns cold on defensive stocks
Defensive stocks have become more expensive, according to the head of global multi-asset income.
Which firm has the largest AUM in China?
Data from the Asset Management Association of China shows the latest rankings by firm and by asset class in the mainland’s onshore mutual fund market.
Hedge fund platform adds A-share fund
Hong Kong-based hedge fund platform OPIM said it will add an absolute return fund that will invest in A-shares.
APAC leads in UBS Q2 wealth inflows
However, the bank’s wealth management unit had net outflows of new money in the US.
Investec rides with China equity bulls
The volatile Chinese equity market provides a ‘precious opportunity’ for investors, according to portfolio manager Wenchang Ma.