Good corporate governance is top of list when evaluating investments in Vietnam, according to industry sources.
Category: Markets
Thailand’s first robotics fund launches
Asset Plus Fund Management has launched a fund that invests in global robotech equities, which is managed by Axa Investment Managers.
Korea ETF assets drive record high in Asia
Asia’s ETF inflows set a record high during the first seven months and Korea- and China-listed ETFs gathered the most assets, according to data from ETFGI.
LO launches multi-asset fund in the Philippines with Union Bank
Lombard Odier and Manila-based Union Bank have launched a multi-asset fund for private banking clients in the Philippines.
Malaysia, Japan AMs to launch HK funds
Capital Dynamics Asset Management and Daiwa SB Investments have received authorisation from Hong Kong’s Securities and Futures Commission to sell their funds in Hong Kong, according to the regulator.
No jobs for expats in Taiwan for PB, AM
The job market is unfavourable for non-locals in both private banking and asset management in Taiwan, according to Roy Lee, Taipei-based senior consultant for financial services and asset management at recruitment firm Aquis Search.
Hong Kong’s private wealth assets grow by 9%
Hong Kong’s private wealth management assets reached HK$5.2trn ($670bn) in 2016, growing by 9% and increasing their share of the overall fund management business in the territory, according to a report by the Securities and Futures Commission.
Singapore in scramble for more bond investors
As the HK-China Bond Connect launches, Singapore plans to address its shallow bond investor pool by subsidising the cost of credit ratings from global agencies.
Manulife to launch funds in the Philippines
Manulife has received authorisation from Bangko Sentral ng Pilipinas (BSP), the country’s central bank, to operate as a trust corporation, enabling the firm to distribute mutual funds in the Philippines.
Philippine HNWIs maintain strong home bias
A preference for local investment products limits investor allocation to feeder funds, according to industry sources.
