The portfolio includes funds managed by Aberdeen Standard Investments, Blackrock, Fidelity, Goldman Sachs Asset Management, Pimco and Schroders.
Category: Business moves
SJP to scale down Asian adviser recruitment
As it targets £200bn ($278bn) funds under management by 2025.
HSBC expands Asia wealth management
The UK bank plans to accelerate the growth of its wealth and personal banking business in Asia as it sells off its US retail operations.
Schroders and BOCOM to form wealth management JV in China
Schroders also has plans of establishing a stand-alone public mutual fund company in the mainland.
Schroders applies for China public mutual fund licence
The firm plans to include sustainable investments in its offering when the public mutual fund management company is established.
Malaysia’s Kenanga expands ETF biz with Valuecap acquisition
Valuecap intended to exit the asset management business.
Jupiter rebrands Merian funds
Merian-branded products have been renamed in line with Jupiter’s existing fund range.
Hong Kong robo becomes stock-picking manager
Aqumon has made use of its AI technology to construct thematic strategies.
DBS profits plunge
An increase in wealth management fees was offset by lower net interest margins and higher allowances for pandemic risks.
BNY Mellon Wealth shuts Hong Kong office
It wants to focus on its ‘strong international footprint’ in the UK, EU, Middle East and Latin America.
