China equities have been in a spotlight with the Stock Connect going live earlier this week and the government’s continued measures to open up the onshore market for global investors.
Category: Fund news
BMO Fund houses coming to Asia
Offshore fund houses attracted by the growing wealth in Asia are setting up in the region, but not all distinguish themselves from competitors, according to BMO Private Bank’s Edmund Yun.
Top performing funds with India exposure
Indian indices have been surging this year, with global investors pouring money into stocks on expectations of reforms from the new government led by Prime Minister Narendra Modi. Which funds lead the pack?
GPIF from bonds to equities
Japan’s $1.2 trillion Government Investment Pension Fund plans to dramatically increase domestic and foreign equity exposure while cutting positions in domestic bonds.
Maybank floats global sukuk fund
Maybank Asset Management has launched a US dollar-denominated global sukuk fund to meet investor demand for Shariah-compliant fixed income funds.
Nikko AM takes lead in passporting Singapore fund
Nikko Asset Management has received the go ahead from the Monetary Authority of Singapore to offer a fund under the ASEAN Collective Investment Scheme.
Commission model bottlenecks ETFs
The commission-based distribution model common in Asia is a key reason why exchange traded funds have comparatively less popularity in the region, said Marco Montanari, head of Deutsche Bank’s passive asset management, Asia Pacific.
RHB AM floats equity fund
Malaysia’s RHB Asset Management has launched an Asian equity fund that aims to invest in companies with entrepreneurial characteristics.
Funds start buying into Alibaba
About one month after Alibaba’s $25bn IPO on the NYSE, the largest in history, five funds registered for sale in Asia have made the Chinese ecommerce giant a top ten holding.
Irish and Chinese fund groups sign agreement
The Irish Funds Industry Association said it has signed a memorandum of understanding with the Asset Management Association of China in Beijing to promote closer cooperation.