Invesco tripled fixed maturity product assets in one year, followed by four other foreign firms that also had high net sales.
Category: Markets
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.
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.
Mirae joins thematic ETF trend in Hong Kong
Assets of three other China-focused thematic ETFs have already passed the break-even mark.
Pru Life to launch AM firm in the Philippines
The firm aims to develop mutual funds managed by Eastspring for sale to domestic investors, following a similar set-up by competitor Manulife.
