Using algorithms may help fund selectors choose products more efficiently, but human judgment is still key in choosing the right fund products, according to panellists at Fund Forum Asia 2017 in Hong Kong.
Category: Industry trends
Blockchain to improve asset pricing process
Blockchain will make the asset pricing process of portfolio managers faster and more accurate by bringing various data sources in sync, said Liang Hu, head of emerging technologies centre at State Street.
Investec sees structural changes in commodity companies
Instead of focusing on growth, the commodity and resources sector now stresses profitability, said Investec’s Tom Nelson.
Robo-advisories face headwinds in China
Robo-advisories will likely take a long time to be accepted in China, according to the CFA Institute.
Are Asia’s HNWIs warming to hedge funds?
High fees and poor performance have been linked to hedge funds, but James Cheo, Bank of Singapore’s investment strategist, believes that’s about to change.
Survey: HK advisers see fee-based model trend
About 75% of Hong Kong’s financial advisers acknowledge a trend toward fee-based wealth management, according to a Vanguard survey report.
Asia banks take dominant position in Dubai’s DIFC
Chinese, Japanese and Indian banks now occupy the top slots in the Dubai International Financial Centre (DIFC) in terms of total assets, the chairman of the centre’s regulator has told a forum in Hong Kong.
Pictet fund targets robotics trend
The firm’s robotics-themed fund is tied to cyclicality and capex spending, which is linked to a country’s economic health, according to Peter Lingen, Pictet Asset Management’s Geneva-based senior manager for thematic equities.
Hiring in Hong Kong’s AM industry slows
However, strong demand for relationship managers and fintech professionals remains, according to a recent salary survey report by Robert Walters.
Hong Kong inks fintech pact with UK
The Hong Kong Monetary Authority (HKMA) has signed a cooperation agreement with the UK regulator to promote fintech innovation.
