A local asset manager’s arrangement with BOCHK is the latest in a spate of investments in foreign funds.
Category: Southeast Asia
Thailand ripe for multi-asset, says TMB Eastspring
Separately, the Thai joint venture firm aims to directly manage some of its funds in Thailand.
Malaysian manager launches China bond fund
In yet another feeder fund partnership, RHB Group Asset Management’s fund will feed into Blackrock’s China bond product.
Thailand funds boosted by economic recovery
Thailand single-country equity products have posted strong long-term returns as the country now awaits the result of political horse-trading.
Manulife AM launches income fund in the Philippines
Manulife Asset Management and Trust has launched eight mutual fund products since setting up locally in 2017.
Thailand’s offshore funds up in Q1
Foreign funds sold in Thailand had an increase in NAV in the first quarter, while ESG fund assets were also up.
Philippines’ Union Bank launches private banking arm
The bank intends to use its strategic alliance with Lombard Odier to try and grow AUM by 25% per annum.
Watching risk in Vietnam
The main risk is not from the US-China trade tension, which Vietnam could actually benefit from, according to Quynh Le Yen, Ho Chi Minh-based portfolio manager at Dragon Capital.
ASI Thailand to build up fixed income
Thai investors are looking for less volatile assets after the stock market fell in 2018, according to Korawut Leenabanchong, country head of Aberdeen Standard Investments in Thailand.
LGT launches wealth business in Thailand
Other foreign private banks have also taken advantage of the growing wealth in Thailand.
