In Asia, ETFs have trouble gathering assets. But Geir Espeskog, managing director of iShares, believes his firm’s Asia AUM could grow 4x over several years, following a pattern in the US.
Category: Fund news
Lion Global closes $393m PE fund
The S$550m fund intends to invest in small and medium-sized companies in Singapore, Malaysia, Indonesia and China.
Some QDII funds facing shutdown
Manulife Teda will decide on liquidation of its QDII, highlighting the general underperformance of the QDII vehicle.
Record inflows for Japan-listed ETFs
Exchange traded products listed in Japan have attracted record net new assets in the first seven months of the year, driven by inflows in equity ETFs, according to ETFGI.
Hong Kong fund sales plunge
Hong Kong net fund sales dropped by 50% in the first six months of 2015, new figures reveal.
Traditional funds ‘should be more activist’
Shareholder activism is often seen as the preserve of hedge fund and private equity managers, but some allocators want long-only firms to be more proactive on this front.
China this week – Fund News and Analysis
A roundup of the week’s asset management industry news from mainland publications.
Japan powerhouses set up fund house
Nomura Holdings has entered into a pact with Japan Post Bank, Japan Post and Sumitomo Mitsui Trust Bank to set up an asset management firm focused on Japanese retail investors.
HK fund management business hits record $2.2bn
Hong Kong’s combined fund management business rose 10.5% last year to reach a record high of HK$17.68bn ($2.2bn), with a strong contribution from global investors, according to an SFC survey report.
What influences Asian fund sales?
Hong Kong, Singapore and Korea retail investors are most influenced by fund fees in their investment decisions, but Taiwan is different, according to a BNY study.