JP Morgan Asset Management plans to rationalise its US and Asian fund ranges in 2014 in a similar exercise to that undertaken for its European range.
Category: Fund news
Fund managers reveal all to Singapore adviser audience
These are not easy times for investors, with investment returns low, political and social unrest disrupting key regions of the world, and the spectre of inflation ever-present.
Baring HK China fund penalised for size
Morningstar OBSR has downgraded the Baring Hong Kong China Fund from a bronze to a neutral rating because it believes the execution of the investment process is hampered by the fund’s size of $2.3bn.
Underperforming Kwan handed 3rd fund at Fidelity
Fidelity Worldwide Investment has given portfolio manager Polly Kwan an Asian income mandate to run, which is looking to pay investors a yield of approximately 3.4%.
Value Partners HK mandate for Asia Pacific fund
Value Partners Hong Kong has received the mandate for managing the investments of US-registered closed-end Asia Pacific Fund from 1 October.
Aberdeen raises thb400m through Japan fund
Aberdeen Asset Management Company has raised about THB400 mn through Aberdeen Japan Opportunities Fund that was open for initial subscription from 14-26 August, with majority of investors being high net worth individuals.
Aberdeen plans to swap All Asia for Japan
Aberdeen is proposing to change the mandate on its Aberdeen All Asia investment trust to focus exclusively on Japan.
APAC China equity funds hit record monthly inflows
Emerging market funds magnetised investment in January with some fund categories enjoying record monthly inflows, Morningstar data shows.
Aberdeen All Asia under review
Morningstar has put the Aberdeen All Asia Investment Trust under review following the decision by the board to change its mandate to Japan-only.
UK residential property fund gets MAS ok
A fund which lends money directly to end borrowers in the UK real estate market has been approved for distribution by the Monetary Authority of Singapore following demand from advisers.