Markets Archives - Page 137 of 189

Sun Life AM joins ESG bandwagon in Hong Kong

The firm is expected to roll out its first retail mutual fund in the SAR, which has also been added to the SFC’s list of green and ESG funds.

Overall billionaire wealth in Asia-Pacific was driven by “innovators and disruptors”, according to a report by UBS and PwC.

Earlier this year, 8F Asset Management attracted at least $300m for its first fund from family offices and institutions globally, including Asia.

UBS Asset Management, meanwhile, did not apply for this year’s Deep Cultivation Plan.

The US-based hedge fund manager will apply its All Weather strategy to the new fund.

Asset managers in Singapore continued to accelerate their ESG adoption in line with global trends, according to an MAS survey.

The French asset manager launches its first fixed maturity product (FMP) in the Lion City this year.

Despite stricter rules governing index funds, passive investment demand will continue to drive the ETF boom, according to Cerulli Associates.

For the first time since March this year, investors in Hong Kong pulled money out of southbound funds.

The firm has received a PFM qualification in the mainland. Separately, Oaktree Capital in Beijing is expected to launch its first PFM product.