Downward pressure on markets in Germany and Hong Kong left little hope that the index-tracking products would gather more assets.
Category: Markets
Invesco raises $300m for FMP in Hong Kong
The firm has launched a second version of the fixed maturity product (FMP) it debuted in July.
Fidelity aims to launch two funds in Hong Kong
Despite the difficult political and economic environment in Hong Kong, the firm hopes to eventually sell the newly SFC-authorised products.
Foreign firms ride FMP craze in Taiwan
Invesco tripled fixed maturity product assets in one year, followed by four other foreign firms that also had high net sales.
Hong Kong stocks battered
Ongoing protests and the trade dispute have hit the local market, but diversified Hong Kong equity funds remain resilient, shored up by mainland allocations.
Headwinds get stronger for Korean equity funds
The ongoing Japan-Korea trade dispute has put all actively-managed Korean equity funds underwater this year.
Malaysian wealth firm seeks more offshore assets
Following its partnership with BOCHK AM, KL-based Areca Capital is considering a similar arrangement with Value Partners.
HKIFA slams Hong Kong’s ‘boilerplate’ ESG reporting
Investors need clearer understanding about how ESG principles are deployed in listed companies, and the board of directors should take responsibility, argues the Hong Kong Investment Funds Association (HKIFA).
BNPP AM poaches new Taiwan head
Rick Chen moves from Fidelity to take over as chief executive officer of BNP Paribas Asset Management’s Taiwan business.
Market turmoil hits Hong Kong AUM
Despite net inflows, assets under management in Hong Kong declined 5% year-on-year in 2018, according to a Securities and Futures Commission (SFC) survey.
