Fidelity becomes the third global asset manager to get the nod to set up a mutual fund business in China.

Originally from the UK, Thomas is a financial journalist with over 10 years’ experience including nine in Asia. He began his career at Euromoney Institutional Investor, completing the graduate scheme and going on to establish the Asia bureau for IJGlobal, the world’s foremost source of intelligence on the project finance market. After a stint at KPMG, he joined International Financing Review, which was originally owned by Thomson Reuters and later Refinitiv, where he managed the people & markets section in Asia. He joined Bonhill Group as regional editor for Asia in 2022, which includes oversight of Fund Selector Asia. He is a graduate of the University of Cambridge. Connect with him on LinkedIn here.
Fidelity becomes the third global asset manager to get the nod to set up a mutual fund business in China.
BlackRock has shuttered its APAC Equity Income Fund due to dwindling AUM.
Sally Choo is a replacement for Jonathan Tiu, who is retiring.
Market participants clamour for more regulatory oversight of the sector.
This is the first time Morgan Stanley has been overweight China in almost two years.
James Fava has joined Trusted Novus Bank in Gibraltar.
Victor Teo has taken up a new role as director of sustainable finance within the consumer, private and business banking division.
Anna Zhu has joined LGT Private Banking as managing director in Singapore.
Sandy Chen, Mark Chester Ng and Sarah Lee have all recently joined the wealth management arm of Credit Agricole.
FSA compares two US growth funds: the Morgan Stanley INVF US Growth fund and the MFS Meridian US Concentrated Growth fund.
Part of the Mark Allen Group.