The Chinese regulator has given the go-ahead for Blackrock and Temasek to form a wealth management joint venture (JV) with China Construction Bank (CCB).
Category: Markets
UOB AM launches Robeco ESG fund in Thailand
There are only two global ESG-focused funds in Thailand.
DBS PB’s barbell strategy returns 7% this year
In contrast, mixed-asset products offered by third-party fund managers have only returned around 0-2% so far this year.
Lu International forms Thai partnership
Lu International has joined up with Thailand’s Kasikornbank to create a digital wealth management platform.
Blackrock partners with Malaysian firm in ETF offering
This is the first time that Zurich Takaful has partnered with a foreign manager to launch a fund product.
Hong Kong fund sales slump
Net outflows from retail fund sales in Hong Kong in the first half of the year were greater than during the global financial crisis, according to HKIFA data.
Firms to launch ESG bond funds in Singapore
JP Morgan AM’s product invests in global sustainable bonds, while Manulife IM’s fund focuses on Asia.
Philippine insurer rolls out Pimco fund
Allianz PNB Life is also offering funds managed by Allianz Global Investors.
Malaysia investors seek safety in fixed income
But thematic equity products were also popular during the first half.
