Following pressures from Hong Kong officials that the manager can be changed to safeguard the interests of investors.
Category: Markets
Credit Suisse AM integrates ESG into China strategy
With China A-share’s further inclusion into global equity indices, standards for ESG will be further raised.
ETFs halt purchases of blacklisted China stocks
Blackrock and State Street Global Advisors (SSGA) will make no new investments in three Chinese telecommunication companies included in the US sanctioned list.
William O’Neil rolls out first onshore fund in China
The firm will be competing against several foreign quant managers that have entered China’s private market. It also intends to apply for a QDLP licence.
iFast’s AUA continue to rise
The Singapore-based fintech wealth management platform had a record value of products in custody last year, led by unit trust sales.
Taiwan managers adjust fees to boost fund growth
Reduced management fees and increased trailer fees have prompted the regulator to review the rules on managers’ business operations.
Foreign investments become popular among Filipinos, BPI says
Assets of the bank’s fund management businesses breached the Ps 1trn ($20.7bn) mark last year.
J Safra Sarasin to acquire BMO’s PB units in Hong Kong and Singapore
The acquisition will include clients and relationship management teams.
China hands death penalty to former Huarong AM chairman
He was convicted of graft, corruption and bigamy.
