Morningstar data shows that 15 funds available for distribution in Hong Kong and Singapore were exposed to China’s troubled property sector at the start of the year.
Category: Markets
Franklin Templeton creates new North Asia role
Spencer Seto is named head of North Asia, institutional business.
Former SCB banker joins Nomura
The Hong Kong-based banker moves to Nomura IWM after a short break.
Baillie Gifford forms dedicated Chinese equities team
Mike Gush and Roddy Snell will relinquish their roles on Baillie Gifford’s China specific funds as part of the reshuffle.
Asia investors flock to bonds
Although favouring fixed income Hong Kong investors also poured cash into equity funds, according to Calastone research.
Man GLG: Japan’s “most radical corporate reform in a generation”
The TSE is pushing for genuine change, says Man GLG portfolio manager Emily Badger.
China equities continue to flounder
Investors beat a constant retreat from beleaguered China stocks as they await reassurance from Beijing.
Lombard Odier: Tech giants are becoming geostrategic for US
As the race to develop AI heats up, the US tech giants are becoming important strategic bulwarks for the world’s largest economy.
Hong Kong and China regulators enhance WMC scheme
The measures include increasing the scope of eligible products and increasing quotas.
Manulife IM: Central banks will cut even with inflation above target
Manulife’s global chief economist sees a larger rate cut from the US Fed, but later than the market expects.