China now accounts for about 18% of global money market funds (MMF) assets, according to Fitch Ratings (Fitch), with reforms aiming to bring it more in line with international standards.
Category: Markets
Hong Kong and Singapore investors unprepared for retirement
As 64% say they lack understanding about how to manage the wealth transfer effectively.
HSBC AM debuts renminbi money market fund
Hong Kong investors can now invest in short term RMB-denominated products via the fund.
Private banking veteran sets up Singapore wealth manager
To meet the ever-growing needs of UHNWs.
Hong Kong funds continue to see outflows
Fixed income funds domiciled in Hong Kong lost one-third of assets year-over-year, according to data from the market’s watchdog.
Eastspring eyes recovery for China A shares
Chinese equities look poised to benefit from an economic rebound in the coming months, especially in sectors linked to electrification and technology, according to Eastspring Investments.
China offers diverse appeal for bond investors
The search for diversification should lead global investors to boost their allocation to China bonds, according to State Street Global Advisors (SSGA).
Asset manager opens Japan office
It is a “critically important market” for the firm.
Indosuez WM expands Asia team
The French private wealth manager has made three senior hires in Hong Kong and Singapore.
Singapore enhances ESG metrics for funds
From January MAS requires funds to provide details on their investment strategies, criteria used and associated risks.