Markets Archives - Page 166 of 186

Malaysia’s Maybank to tap wealthy Filipinos

The bank joins a number of wealth and asset managers that have recently set up in the country.

Assets of three other China-focused thematic ETFs have already passed the break-even mark.

The firm aims to develop mutual funds managed by Eastspring for sale to domestic investors, following a similar set-up by competitor Manulife.

The country’s securities regulator wants fund managers and distributors to disclose more information about the products’ risks.

Nearly 90% of Japan equity funds are more volatile than the Topix.

The asset class now represents almost half of total assets in Taiwan, according to Morningstar Direct.

The firm intends to launch an equity product that was formerly only available to professional investors.

A local asset manager’s arrangement with BOCHK is the latest in a spate of investments in foreign funds.

Global equity markets have rallied this year, but two-thirds of fund sales in Hong Kong are in fixed income products.

Separately, the Thai joint venture firm aims to directly manage some of its funds in Thailand.