HSBC Global Asset Management (GAM) has appointed a new Chinese and HK equities chief and poached from Citic to strengthen its Shanghai joint venture.

HSBC Global Asset Management (GAM) has appointed a new Chinese and HK equities chief and poached from Citic to strengthen its Shanghai joint venture.
The number of ETFs listed in Malaysia has grown to nearly 20 from just 11 since the country’s regulator revised ETF rules in 2018.
The mixed-asset funds will be offered to Hong Kong retail investors to meet their different risk tolerances, according to Allianz Global Investors (GI).
The firm is also expected to launch a growth fund.
The range consists of Marlborough’s Defensive, Cautious, Balanced and Adventurous funds, which are fully managed by the firm’s multi-asset team.
China funds with small-cap mandates have performed better than indices and funds weighted with Chinese tech giants during this year’s Covid-19 induced market volatility.
Hong Kong alone accounts for nearly a quarter of the group’s net profits.
The firm is also expected to roll out two other products in the Lion City.
It will be the first fund in the market that focuses on Singapore-listed Reits.
On the flipside, investors have continued to pour money into southbound funds.
Part of the Mark Allen Group.