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Category: News
J Safra Sarasin names new Asia CEO
The wealth manager has hired BNP Paribas Wealth Management’s former co-CEO.
Invesco’s China JV deal not yet finalised
But the US firm noted that it has “management control” over the joint venture.
In case you missed it (21 February 2020)
UBS names new group CEO; HSBC to axe 35,000 jobs; Gam scraps bonuses; Malaysia’s Affin Hwang launches a money market feeder fund; and more…
Asia manager transitions into ‘China house’
Singapore-based APS Asset Management has decided to liquidate their non-China funds, as 90% of its AUM are in China-related strategies.
CSRC approves six funds under MRF scheme
They include HSBC which will distribute three Asia bond products to Mainland investors.
US alts firm sets up Beijing WFOE
Other alternative asset managers have also established their presence in China.
Clients ‘at ease’ despite coronavirus, Indosuez says
The firm believes that companies in the healthcare and online sectors will remain resilient.
Axa keeps faith in Asia growth
The structural trends that are driving the region’s economic growth and markets remain intact, and will overcome current fears, according to Axa Investment Managers.
Franklin Templeton to acquire Legg Mason
The acquisition is expected to expand Franklin Templeton’s fixed income business.
