VAM Funds has Hong Kong next in its sights, with the aim of entering this key Asian market during the course of next year.
Category: Fund news
Singapore’s Javelin acquires fund manager
Javelin Wealth Management, a Singapore advisory firm founded nine years ago by expat Briton Stephen Davies, is to acquire the fund management business of Binjai Hill Asset Management (BHAM), a local asset manager, as it looks to increase its service offering.
PWC proposes revamp of Singapore fund framework
Singapore should consider revamping the way its investment fund laws are structured, to permit different asset management industry sectors to offer more variety and thus cater to a broader range of clients, a new PwC white paper says.
Gottex fund in JV with Vstone asset management
Gottex Fund Management Holdings, an independent global alternative asset management group, has established a joint venture with Shanghai-based private manager VStone Asset Management.
City Financial unveils Asia macro fund plans
City Financial is to launch an Asian macro fund in the first quarter of 2014 to be managed by Geoffrey Barker in a joint venture with the group’s Hong Kong subsidiary.
Hurdles for funds to tap Asia Pacific growth
Though expansion into Asia-Pacific market is a top priority for asset managers, they face significant challenges in capitalising on the opportunities in this region.
Highly fragmented markets are creating complexity for regulatory compliance, product innovation and efficient scaling of operations, revealed a survey conducted by State Street.
Singapore Malaysia Thailand in fund offering pact
The Monetary Authority of Singapore, the Securities Commission of Malaysia, and Securities and Exchange Commission of Thailand have entered into an agreement to facilitate cross-border offering of collective investment schemes to retail investors in the three countries.
Japan kept at arms length
Fund selectors plan to increase their European, US and emerging market equity allocations but remain largely unmoved on Japanese stocks despite a strong upturn in fund manager sentiment on this asset class according to research by Expert Investor Europe in the first quarter of 2013.
Morningstar most-searched funds includes EM
Two emerging market funds appear in the list of the top ten funds most searched for by Morningstar.co.uk, as sentiment towards the sector shifts.
Investors ditch gold etf due to record equity price
As equity indices gain traction, investors are selling out of gold exchange-traded funds (ETFs) at quite a pace, according to data provided by Coutts.
