The firm has hired Da Cheng Fund Management’s CEO to head its retail fund business.
Category: Markets
Ping An of China AM targets global investors
The firm has rolled out its first Ucits products, which include three China-focused funds and an emerging market offering.
Eastspring names Thailand head
It expects to merge TMB AM Eastspring and Thanachart Eastspring by 2021.
Blackrock preps global ESG bond fund in Singapore
The manager is also planning to roll out a product focusing on five “megatrends”.
China’s mutual fund AUM up 20% this year
Domestic managers offering actively-managed equity funds are expected to profit more this year.
NB develops new China A-shares Ucits
Months after it liquidated its previous China onshore Ucits following the departure of the firm’s China equities head.
CSOP AM raises $676m for new CGB ETF in Singapore
The product is the first ETF to utilise the new VCC framework in the Lion City.
Foreign managers in China need to justify higher fees
Investors are willing to pay for higher fees in QDLP and PFM funds, so long as they are differentiated from local products and have good performance, according to a survey conducted by global PR and marketing agency firm Fleishman Hillard.
ASI obtains key Thailand licence
Aberdeen Standard Investments (ASI) can now offer offshore funds directly to Thai investors.
DWS delists 23 ETFs in Singapore
The firm will focus on products that have continued to generate strong demand, which include five Xtracker ETFs that are still on the exchange.
