Around 30 foreign managers have been granted the PFM qualification.
Category: Markets
Maybank AM launches global ESG fund in Malaysia
Schroders is the investment adviser of the new shariah-compliant investment product.
Citi granted fund custody license in China
The US-based bank is the second foreign firm to obtain a domestic fund custody license.
China sees passive ESG fund growth
Although Europe and the US dominate the passive sustainable fund sector, new products have gained traction in China.
Korea’s Shinhan Bank gains SFC licences
Seoul-based Shinhan Bank has been registered with the Hong Kong regulator for the first time.
JPMAM launches ESG bond fund in Singapore
JP Morgan Asset Management (JPMAM) has registered its Global Bond Opportunities Sustainable Fund for sale to retail investors in the Lion City.
First State joins mixed-asset trend in Singapore
At least four other firms have applied to launch income-generating, mixed-asset products in the Lion City.
Going off benchmark in India
While financial services and technology continue to be popular sectors in India equities, First State Investments finds opportunities in other parts of the market.
Fubon AM to launch FMP in Hong Kong
So far, it is the only SFC-authorised fund that the firm is managing in the SAR.
Blackrock receives approval for China retail fund firm
Neuberger Berman and Fidelity are still waiting for regulatory approval to establish a wholly-owned mutual fund company.
