Rick Chen moves from Fidelity to take over as chief executive officer of BNP Paribas Asset Management’s Taiwan business.

Rick Chen moves from Fidelity to take over as chief executive officer of BNP Paribas Asset Management’s Taiwan business.
Investors are likely to differentiate further between high and low quality China property bonds following the recent restrictions on offshore issuance.
Thomas Jost will join VP Bank’s Singapore branch as head of intermediaries.
Despite net inflows, assets under management in Hong Kong declined 5% year-on-year in 2018, according to a Securities and Futures Commission (SFC) survey.
Despite caution about the macroeconomic outlook, Asia fund selectors have a positive tilt to some key risk assets, according to Last Word Media research.
The phased addition of China government bonds (CGBs) into Bloomberg’s leading benchmark index has so far failed to boost RMB dedicated fixed income funds.
Morningstar emphasised the importance of management strength and stability in its June ratings review of mutual funds.
The stragglers are funds focussed on Asia where the Sino-US trade conflict has taken the greatest toll on asset prices.
The swingeing cuts at Deutsche Bank should leave wealth management unaffected; the Asia wealth division not impacted.
The Singapore-based asset manager is the latest firm to issue a fixed maturity product for risk-averse, income-hungry retail investors.
Part of the Mark Allen Group.