Bank of Montreal (BMO) has discarded its Hong Kong-listed ETFs and has also agreed to sell its EMEA asset management business.
Category: Business moves
Amundi receives QDLP qualification
The asset manager also has a wealth management joint venture with BOC Wealth Management.
Vanguard to terminate ETFs in Hong Kong
It was not able to identify a new investment manager for the ETFs.
Blackrock tilts China focus to mutual funds
The world’s largest asset manager has de-registered its private fund management (PFM) unit as it prepares to receive a mutual fund licence.
Hong Kong’s Quantifeed taps Japan’s robo market
Besides its partnership with Mitsubishi UFJ, the firm is also collaborating closely with Franklin Templeton to provide more wealthtech propositions in the country.
Ant adds fund advisory supermarket on Alipay app
Vanguard believes that the new platform will further develop China’s fund advisory market.
FSA people moves (17 – 23 March 2021)
Aegon AM prepares for QDLP qualification; BNP Paribas Wealth names new head of China market; Lombard Odier IM bolsters Asian/EM equities team; and more…
JPMAM expands China wealth management partnership
JP Morgan Asset Management (JPMAM) plans to take a 10% stake in CMB Wealth Management.
Vanguard scales back China ambitions
The US passive fund specialist will concentrate on developing its investment advisory business.
