Only 27% of wealthy in Apac prefer to use traditional banks to manage investments.

Only 27% of wealthy in Apac prefer to use traditional banks to manage investments.
The launch of the Limited Partnership Fund (LPF) regime will cement Hong Kong’s position as an asset management hub, according to the Hong Kong LPF Association.
Emerging markets (EMs) are underinvested despite being the leading energy consumers, said the asset manager.
Sustainable funds in Asia saw smaller net inflows in the second quarter, compared with the previous quarter, according to Morningstar.
As thematics gain greater traction in portfolios, emerging tech and sustainability are key preferences among Asia Pacific investors, according to Broadridge research.
The potential of the Greater Bay Area and Hong Kong’s traditional role as a financial centre should spur the development of family offices, according to Family Office Association Hong Kong.
Despite headwinds, Chinese equities and bonds offer opportunities for investors this year, according to the German wealth manager.
China equity funds were the star attraction in the first half of the year, according to Morningstar.
More than half of global AUM are in funds committed to climate goals.
Covid-19 has accelerated many credit-relevant ESG trends that will be of growing importance in rating agencies’ assessment of bond issuers’ credit quality.
Part of the Mark Allen Group.