China onshore investors exited Hong Kong-domiciled funds in October, according to China’s State Administration of Foreign Exchange (Safe).
Category: Hong Kong
NY Life Investments sets up Hong Kong office
Led by Tino Moorrees, BNP Paribas Asset Management’s ex-Hong Kong CEO, the multi-boutique fund house plans to distribute funds to professional investors.
Hong Kong RMs still in demand despite unrest
Salaries of relationship managers and product specialists at private banks in the SAR are expected to increase by 14-25%, according to a survey.
China Top Trumps – Hong Kong dollar fixed income
This week FSA presents a quick comparison of two Hong Kong dollar fixed income products: the BOCHK HK Dollar Income Fund and the Schroder ISF Hong Kong Dollar Bond Fund.
Hong Kong robo signs more bank clients
Hong Kong-based Magnum Research is also launching a stand-alone fixed income ETF portfolio for its B2C clients.
Hong Kong investors pour $1.5bn in FMPs
But the demand for such products is expected to slow with market expectations of a rate cut from the Federal Reserve, according to a Cerulli report.
Wells Fargo AM readies five products in Hong Kong
Despite Hong Kong sliding into recession amid ongoing social unrest, firms continue to launch products to the SAR’s retail investors.
UBS in Hong Kong slapped with $51m fine
The SFC fined the bank for ‘systematically overcharging’ around 5,000 clients on fees, according to the regulator.
Hong Kong’s rising wealthy avoid financial advisers
Hong Kong’s rich need better planning to meet their financial goals, but they don’t trust the professionals, according to a recent study.
