The Templeton Thailand fund has so far weathered two decades of turmoil to stand out as a single-country out-performer, but this year there are risks on several fronts.
Category: Markets
UBP secures Taiwan master agent licence
Union Bancaire Privée (UBP) has set up a new asset management unit in Taiwan after gaining a Securities Investment Consulting Enterprises (SICE) business license in late 2018.
In equities, UBP prefers Japan in 2019
US equity valuations have become cheaper, but investors can find more value elsewhere, argues Norman Villamin, Zurich-based chief investment officer for private banking at Union Bancaire Privée.
Philequity launches first MSCI Philippines fund
The local equity market seems to be recovering this year after falling 16% in 2018.
Fixed income assets nearly double in Taiwan
Taiwan investors poured $2.2bn into renminbi bonds last year and fixed income products accounted for 80% of net inflows, according to data from Morningstar Direct.
Manulife AM rolls out HK fund in the Philippines
Manulife Asset Management and Trust has launched seven mutual fund products in the Philippines since the firm was set up last year.
Korea outpaces HK in ETF assets
All markets in Asia-Pacific saw growth in AUM for ETFs in the first half of 2018, except Hong Kong and Singapore, according to Cerulli Associates.
Amundi to acquire Mirae’s Taiwan fund business
The acquisition will enable the French firm to develop onshore funds in Taiwan.
Japan equity funds tend to beat benchmarks
More domestic equity funds in Japan outperformed their benchmark indices than foreign equity funds, according to an S&P Dow Jones Indices report.
Invesco, Schroders double assets in Taiwan
But Eastspring and Pinebridge had some of the highest outflows, according to year-to-date figures from Morningstar.
