The development should be positive for China-focused products in Hong Kong, as there are only a few funds in Thailand providing exposure to the mainland.
Category: Southeast Asia
China’s Tianhong AM rolls out Vietnam fund
The firm, which manages one of the world’s largest money market funds, is trying to diversify its product range.
Malaysian firms in ETF tie-ups with foreign players
Since November, six L&I products have been launched in the country, but demand is expected to be low.
Malaysia firm launches JP Morgan feeder fund
Affin Hwang Asset Management has introduced an income product for Malaysian investors, aiming for 5% annual distribution.
Pru Life readies fund push in the Philippines
The firm follows a similar set-up established by Manulife in the Philippines.
Malaysia’s RHB exits Hong Kong
The bank’s Hong Kong operations, which include brokerage, asset and wealth management services, recorded losses in the last few years.
Philippine fund firm triples client base
Separately, a relaxation of regulations by the country’s securities regulator has prompted investment companies to launch feeder funds.
US Islamic robo launches in Malaysia
The firm hopes to offer services across Southeast Asia from its regional base in the country.
HSBC Global AM to set up in Malaysia
The firm is seeking to hire key business and investment officers who will be based in the country.
Phatra WM eyes Thailand’s self-managed wealth
Assets of Thailand’s do-it-yourself investors exceed that of clients in the private bank system, according to the head of wealth management at Phatra Wealth Management.