M&G hires global head of impact for private markets
Jen Braswell joins M&G from EQT.
Investors will be able to use HKDAP issued by Standard Chartered-led Anchorpoint Financial Limited to subscribe and redeem from the fund.
The five internal appointees have been re-located to Hong Kong and Singapore.
As companies stay private longer and capture more of their growth while still private, a deepening secondary market and the rise of evergreen funds are strengthening the case for accessing venture capital and growth equity through evergreen vehicles.
The former head of Asia Pacific investment strategy at Citi Private Bank will lead the firm’s investment function.
The Global X ETF combines high dividend stocks with an options strategy, the first of its kind in Hong Kong.
Wealthy investors are also broadening their portfolios for long-term growth.
The Hong Kong-based private equity firm has raised $300 million for its strategy.
The Baillie Gifford Enhanced Yield fund invests in short-dated government and corporate bonds.
The service provides family offices and wealthy individuals access to institutional-grade products and services.
Axa Group has launched AXA Global Private, a wealth management platform for high-net-worth and ultra-high-net-worth clients.
Adaline Zheng is named CEO of UOB China and George Tung succeeds her as CEO of UOB Hong Kong Branch.
The ChinaAMC Digital Gold ETF will be backed by physical gold stored in Hong Kong vaults, marking the city’s first fully tokenised gold fund.
Meanwhile, Singapore has benefited from safe haven flows, according to a BCG report.
This week FSA provides a quick comparison of two Greater China equity funds: the Eastspring Inv Greater China Equity fund and the Value Partners Classic fund.
In the new term, Amy Lo will continue to serve as chairman of the ExCo, with Edmund Kam serving as vice chairman.