Markets Archives - Page 116 of 187

Ant adds fund advisory supermarket on Alipay app

Vanguard believes that the new platform will further develop China’s fund advisory market.

It will have operations in London, Geneva and Singapore.

JP Morgan Asset Management (JPMAM) plans to take a 10% stake in CMB Wealth Management.

Sustainable assets now account for 41% of the private bank’s AUM.

The firm also manages seven PFM funds in China.

Shanghai-based wealth manager Noah Holdings also saw net loss in the fourth quarter of 2020, due to the Camsing settlement.

Investment advisers in the UAE are upbeat about Indian equities and recommend exposure to mutual funds.

The portfolios are comprised of funds managed by JP Morgan AM, Natixis IM’s Mirova, Pimco, Schroders and UOB Asset Management-Robeco.

The Swiss-based asset manager is focusing on the potential of the wealth management connect scheme.

Seventeen fund managers are on the list, with Pictet Asset Management and Allianz Global Investors having the most number of ESG or green funds.