A recruitment drive in HSBC’s Asian wealth management business contrasts with massive cuts in the bank’s global workforce.
Category: China
Mirae Asset to launch more China themed ETFs
The firm now manages $880m in China-focused thematic products in Hong Kong.
Raffles FO expands Greater China team
The firm has hired another key executive to oversee the region following the appointment of Stella Kong, managing director for Greater China.
MRF northbound funds attract $100m in H1
Separately, Hong Kong investors have poured money into southbound products for the fourth consecutive month.
China Minsheng affiliate receives SFC fund approval
The asset management arm of CMBC in Hong Kong has an investment team focusing on Greater China equities and Chinese offshore bonds.
China Top Trumps – China equities
This week FSA presents a quick comparison of two China equity products: the ChinaAMC China Opportunities Fund and the First State China Focus Fund.
Fund churning persists in China
Funds launched during the first quarter had massive outflows in the second quarter.
China leads ETF growth in Asia
Overall, ETF AUM across Asia (ex-Japan) fell by 0.8% during the first five months.
HSBC GAM makes senior China equity hires
HSBC Global Asset Management (GAM) has appointed a new Chinese and HK equities chief and poached from Citic to strengthen its Shanghai joint venture.
Matthews China maintains top ranking
China funds with small-cap mandates have performed better than indices and funds weighted with Chinese tech giants during this year’s Covid-19 induced market volatility.
