The executive director of enforcement at Hong Kong’s Securities and Futures Commission is quitting and will work for the UK Financial Conduct Authority.
Category: Industry views
Global exchange traded products AUM tops
Assets of Japan-listed ETFs reached $117bn in May compared to $112 at the end of April, the London-based research and consultancy firm said.
China equities still reasonable HSBC GAM
A series of monetary easing measures coupled with the launch of the Stock Connect in November last year has led to a sharp surge in mainland equities. The overheating in the market has led to several fund houses warn about a correction. Morgan Stanley Investment Management recently cautioned on a likely bubble in the onshore market. Friday, […]
SGX appoints banker Loh as CEO
In February, SGX said Bocker is not seeking extension of his appointment beyond his current contract, which ends on 30 June. He has been the CEO of SGX since 1 December 2009.
Financial and industrial sectors have been good China bets
The two sectors have been strong performers due to various reasons. In the financial sector, banks have benefitted from a loosening monetary policy, which is expected to continue this year. The People’s Bank of China has cut both interest rate and banks’ cash reserve requirement ratio three times each since November to combat an economic […]
Asian fund passport targeted for 2016 launch
Finance officials and regulators from the six Asia Pacific Economic Cooperation (APEC) members who are leading the development of the Asia Region Fund Passport have just concluded a week of meetings in Singapore to iron out the details of the proposal. The six countries are Australia, Korea, New Zealand, the Philippines, Singapore and Thailand. “We […]
China gets lowest grade for investor experience
The research firm gave China a “D” because of high fees, particularly for allocation and money market funds. China’s limitations on overseas investing and restrictions on foreign-domiciled funds were also factors, as well as a relative lack of disclosure. “China was one of a minority of markets where the disclosure of conflicts of interest by advisors […]
MSCI China A-share review
After competing an annual review, the global index provider said it would form a working group with the China Securities Regulatory Commission to resolve concerns and issues highlighted by international institutional investors during its consultation. “The concerns include, but are not limited to, the quota allocation process, capital mobility restrictions and beneficial ownership of investments,” […]
Pinebridge US fund
The product uses a quantitative strategy and is suitable for investors with a medium to long-term time horizon, the firm said. The fund seeks to achieve capital growth by investing at least 90% in companies whose assets, products or operations are based in the US or are included in the Russell 1000 Index. Apart from […]
LSE Haitong Securities ink a deal
The two firms have agreed to work together to develop RMB-denominated exchange funds tracking Chinese securities and yuan-denominated fixed income products. The deal is also expected to help Chinese investors tap the LSE for initial public offerings and promote development of index- and derivative-based products. “We are fully committed to supporting Haitong Securities’ ambitions and […]
