The UK wealth manager aims to expand its share of the territory’s mass-affluent market to 15% in the next five years, according to its Hong Kong head.
Author Archives: Rupert Walker
Blackrock takes pro-risk stance
Higher global growth and easy financial conditions should support emerging market asset prices, according to Blackrock’s Apac strategist.
Stable outlook for asset management firms
High profit margins and continued risk appetite among investors will support the industry in 2020, according to Moody’s Investors Service.
Survey: Foreign JVs among top China brand rankings
Despite rising name recognition, Sino-foreign asset management joint ventures are still playing catch-up with domestic players, according to a Broadridge Financial survey of brand perceptions.
Schroders places risk-on bets
The UK asset manager is positive on equities and credit as recessionary fears subside and the prospects for a trade deal improve.
MRF products suffer two-way outflows
China onshore investors exited Hong Kong-domiciled funds in October, according to China’s State Administration of Foreign Exchange (Safe).
CMB and JPMAM form strategic partnership
Under the agreement, JP Morgan Asset Management (JPMAM) will be a “preferred product provider” to CMB Wealth Management (CMBWM), offering access to its offshore and onshore funds.
DWS turns bullish on Asia
For the first time in six quarters, DWS believes that “the risks to markets are on the upside”.
China retail investors desert money market funds
Although there were net outflows in the China onshore fund industry, equity products continue to gain traction, according to a recent report.
Hermes focuses on price
Low interest rates should boost funds that seek undervalued stocks rather than chase potential earnings growth, according to Hermes Asia ex-Japan head.
