Despite the robo-advisor hype, banks will continue to dominate sales channels as they roll out rival digital channels, according to Cerulli.
Category: Industry trends
Rise of third-party asset managers in Apac
Local managers and distributors in Asia Pacific are increasingly open to product partnerships with foreign managers, according to Broadridge Financial.
China in vanguard of Apac climate funds
Among climate-aware funds in Asia Pacific, most are in China and in the clean energy/technology category, according to a Morningstar report.
Futu’s wealth management assets reach $1.3bn
The firm’s wealth platform includes 100 fund products managed by 39 global asset managers.
Thailand’s fund industry grows
Foreign equity funds were the main beneficiaries of inflows in the 1st quarter 2021, according to Morningstar.
US firms lead China asset management charge
Z-Ben’s 2021 rankings show most foreign managers in China enjoying score increases, pointing to strong competition across business lines.
Digital adviser eyes Hong Kong’s rich
Stashaway has hired wealth managers to service the high-net-worth segment in the territory.
Change at the top of China rankings
UBS Asset Management (UBS AM) loses first position in Broadridge’s China Power Ranking.
New funds struggle to raise money in China
Several new products in the mainland have extended their subscription periods amid cooling market sentiment.
China AMC to integrate machine learning to investment process
The asset manager has partnered with artificial intelligence company Boosted.ai.
