Mainland pension fund developments and Shanghai’s role as the third regional asset management hub should drive a doubling of AUM in the region by 2025, says PWC.

Mainland pension fund developments and Shanghai’s role as the third regional asset management hub should drive a doubling of AUM in the region by 2025, says PWC.
Fixed income managers have promoted products with highly flexible mandates in response to shifting investor sentiment.
A divergence in country-level dynamics and continued China headwinds curb the firm’s enthusiasm for Asian bonds, despite expectations of a broad asset price recovery.
China’s annual GDP growth was the lowest in 28 years, and First State’s Martin Lau sees it as a risk to asset prices.
FSA compares two US equity funds with contrasting market cap styles: the Legg Mason Clearbridge US Large Cap Growth fund and the Schroder ISF US Small & Mid Cap Equity fund.
Union Bancaire Privée (UBP) has set up a new asset management unit in Taiwan after gaining a Securities Investment Consulting Enterprises (SICE) business license in late 2018.
High yields are available in oversold, short-dated credit assets, argues Eoin Walsh, portfolio manager at Twenty Four Asset Management.
Hong Kong’s Securities and Futures Commission and Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF) have signed an a memorandum of understanding on the mutual recognition of funds scheme.
Investors should consider adding US dollar-denominated emerging Asia bonds in 2019 after a decline in appetite last year, the firm said.
The country previously made improvements to the scheme to attract more foreign investors.
Part of the Mark Allen Group.