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.
Category: Markets
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.
AIA sets up AM unit in Thailand
AIA Investment Management Thailand’s first funds will include foreign and domestic investment funds.
HSBC PB names new Singapore, Malaysia market heads
The bank has found replacements for Chow Shang-Wei, who left the bank earlier this year and is now Deutsche Bank’s head of wealth management for Southeast Asia.
Sun Life AM rolls out its first feeder in the Philippines
The fund is available in Philippine pesos, making it easier for domestic investors to invest in the product.
Bank of Singapore expands Middle East footprint
BOS has entered a partnership with Doha Bank to provide wealth management solutions.
China AMC de-lists L&I products
China Asset Management plans to wind up two L&I ETFs linked to Hong Kong’s H-share index.
