The sector is expected to deliver earnings growth of 25-30% in the next 12-18 months.
Category: Markets
CSOP AM’s CGB ETF becomes largest in Singapore
The inflows were driven mostly from institutions in Asia, as well as the US, according to the firm.
Italy’s Azimut, Singapore’s APS add more PFM funds
In total, around 30 foreign managers have launched at least 90 PFM funds in the mainland.
Manulife IM rolls out digital fund platform in Malaysia
The firm has also launched the platform in other markets in Asia, including Hong Kong and the Philippines.
41% of Singaporeans have no financial plan: report
A majority of retail clients in the Lion City will change strategies within a week of a market downturn, according to a report published by St James’s Place.
Fidelity expects rising China bond exposure
High returns, low correlations and index inclusion should attract foreign flows into China Government Bonds (CGBs), says Fidelity’s Asia CIO.
China to issue $10bn worth of QDII quotas
The regulators just issued $3.36bn of fresh quotas last month, after QDII quota allocations were suspended in April 2019.
Eastspring, Nomura AM name new Taiwan chiefs
Eastspring hires Nomura AM’s Taiwan CEO, while Nomura AM nets ASI’s Taiwan head.
Thai investors bet on China equities in Q3
Inflows toward China funds have made UBS AM to be the third largest master fund firm in Thailand, according to a Morningstar report.
Post-covid boost for China’s richest
While the masses struggle with the impact of coronavirus, China’s most well-healed have enjoyed the biggest wealth increase in two decades, according to Hurun’s latest annual report.
