Portfolio manager William Yuen has also trimmed down positions in “new economy” stocks.
Category: Markets
China AMC to list Hang Seng biotech ETF in Hong Kong
It will be the second biotech-focused ETF listed in the SAR.
Hong Kong investors missing out on tax breaks
Savers need educating to put them in a ‘better position’ to boost retirement pot.
Net outflows from Chinese equity ETFs continue
Hong Kong-domiciled ETFs tracking onshore and offshore Chine indices have suffered year-to-date outflows of $400m and $200m respectively, according to Morningstar.
Cambridge Associates to open Hong Kong office
The firm made its first hire in Hong Kong and relocated its head of global private client practice to Singapore from San Francisco.
Singapore’s MAS to place $2bn with green managers ‘soon’
Selected asset managers will designate the Lion City as their sustainability hub in Asia-Pacific.
Allianz X leads WeLab’s latest funding round
The digital investment unit of Allianz group intends to partner with the Hong Kong-based fintech firm to develop a wealth management platform.
AIA IM to bring Ucits funds to Singapore’s retail market
The firm rolled out its Luxembourg funds platform in 2019, but the strategies have only been available to professional investors.
ESG investment could boost Asia growth
Interest in ESG investing in the region may increasingly be driven by its contribution to sustain overall levels of economic growth, according to a report by Deutsche Bank (DB) Chief Investment Office.
Mirae Asset expands ETF range in Hong Kong
The firm will be launching its first active ETF in Hong Kong.
