Pictet Asset Management’s wholly foreign-owned enterprise (WFOE) in Shanghai has registered as a Qualified Domestic Limited Partner (QDLP) Manager with the Asset Management Association of China (Amac).
Category: Markets
Fidelity approved to set up China mutual fund unit
The US asset manager is the second firm allowed to access the country’s retail investor market.
Raffles FO extends Asia footprint
Raffles Family Office (FO) has opened an office in Beijing and boosted its presence in Hong Kong and Singapore.
China crackdown may not be a “one-off”
The market cap of offshore tech sector has plunged 30% since regulatory scrutiny was stepped up.
Singapore investors start early
Equities are the most popular choice among investors aged between 18 and 35 in Singapore, a Franklin Templeton survey found.
Recent selloff in Chinese stocks presents opportunities
The regulatory assault on China’s $100bn private education industry could lead to consolidation in the sector, according to BNP Paribas Asset Management.
Asean sees positive sentiment shift
Following recent underperformance in the region as a result of the impact of the pandemic, the longer-term outlook is now looking brighter, according to Eastspring Investments.
Allianz GI extends footprint into Indonesia
The German firm expects to complete its purchase of an Indonesian asset manager by the end of this year.
Hong Kong aims to be a family office hub
The potential of the Greater Bay Area and Hong Kong’s traditional role as a financial centre should spur the development of family offices, according to Family Office Association Hong Kong.
