The firm has nabbed Takeshi Fukushima from GI Capital Management to serve as chief investment officer.
Category: Rest of APAC
Fidelity remains bullish on Japan
Despite negative interest rates and doubts about Abenomics, Fidelity analysts single out Japan as the only market with improving prospects.
Australian mutual fund market tough to crack
Foreign fund managers seeking distribution in Australia face unique challenges, according to research firm Cerulli.
T. Rowe Price appoints new Japan chief
T. Rowe Price has hired Naoyuki Honda as country head for Japan.
China and Japan need structural reform – Bank of Singapore
Bank of Singapore chief economist Richard Jerram said while the Chinese and Japanese financial markets might respond well to short-term stimulus, there is too little focus on structural reform.
Tax changes may boost Korea’s mutual fund industry
The government intends to temporarily waive a 15.4% capital gains tax on overseas equities funds, according to a Cerulli report.
Headwinds for Korean equities
The last three years have not been easy for Korea-focused equity funds.
Samsung AM, Capital Group in Korea co-brand pact
The partnership will address the demand for retirement solutions and asset allocation products, which are expected to surge in Korea over the next decade, according to Samsung AM.
Aviva Investors unveils multi-strategy fund in Australia
The Aviva Investors Multi-Strategy (AIMS) Target Return Fund aims to deliver a return of 5% per annum above the Reserve Bank of Australia’s base rate over any rolling three-year period, the firm said. The current Australian base rate, called the cash rate, is 2.25%. “No matter who they are, investors want simple and specific outcomes […]
