The NYSE-listed Chinese wealth manager reports a sharp drop in Q2 revenue and profit as HNWI clients turn risk-averse.
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The NYSE-listed Chinese wealth manager reports a sharp drop in Q2 revenue and profit as HNWI clients turn risk-averse.
Hong Kong’s Securities and Futures Commission (SFC) has approved sale of another China bond fund from the firm.
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).
Despite the Hong Kong firm joining the cross-border distribution scheme, there is little interest from the industry.
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).
Defensive stocks have become more expensive, according to the head of global multi-asset income.
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.
Hong Kong-based hedge fund platform OPIM said it will add an absolute return fund that will invest in A-shares.
However, the bank’s wealth management unit had net outflows of new money in the US.
The volatile Chinese equity market provides a ‘precious opportunity’ for investors, according to portfolio manager Wenchang Ma.
Part of the Mark Allen Group.