Thailand’s Kasikorn Asset Management (K-Asset) and Eastspring Investments will co-manage an Asia fixed income fund that will be launched in Thailand.
Category: Southeast Asia
Thailand opens to hedge funds
Thailand’s Securities and Exchange Commission (SEC) has issued a regulation allowing asset managers to set-up hedge fund-like products for domestic institutional and high-net-worth investors.
Thailand’s Krungsri launches dividend fund
Thailand’s Krungsri Asset Management has launched a dividend-paying equity fund in light of the expected rise of the Thai stock market.
Manulife AM names Thailand CEO
Former Fidelity Korea country head Michael Reed has been appointed Bangkok-based CEO for Manulife Asset Management Thailand.
BOS nabs two for Philippines team
Bank of Singapore lured over two senior Credit Suisse execs to expand its Philippines team.
Lombard Odier expands in the Philippines with Union Bank pact
Lombard Odier has signed a strategic agreement with Manila-based Union Bank to offer investment solutions to onshore private clients in the Philippines.
Manulife: Chinese consumer spend spreading in Asia
The firm is buying “regional champions” with revenues driven by Chinese millennials, who are impacting consumer demand in Asia, said Ronald Chan, Manulife Asset Management’s chief investment officer of Asia ex-Japan equities.
A strong bet on Vietnam’s quiet progress
Vietnam’s market hit bottom in 2012, argues David Roes, and since then his hedge fund has shifted from wider Asean market exposure to a 90% allocation to Vietnam.
Stock-picking while Vietnam rises (again)
After past disappointments, the economy and markets have recalibrated and the country has some strong tailwinds, said Thu Nguyen, lead portfolio manager of Vina Capital’s VCG Partners Vietnam Fund.
T. Rowe Price: Vietnam opening a ‘huge positive’
International investors will be able to take a 100% stake in Vietnamese companies when the country scraps its foreign ownership limits in September, which T. Rowe Price’s Oliver Bell said will remove reluctance to invest in the market.
