Manulife AM hires; Singapore getting Hong Kong cash; Bubble in stability; Disruption; ESG blunders; Market highs and lows; advertising from Eastspring and much more.
Category: News
Robo-advisor performance: October 2019
Generally portfolios were up in October month-on-month, but most benchmarks were higher.
In case you missed it (08 November 2019)
Deutsche Wealth names new global head; Singapore multi-family office eyes expansion; Eastspring raises $85m for its first retail FMP in Singapore; Hong Kong’s SFC bans former HSBC relationship manager; and more…
Vanguard’s new China head to build team onshore
A senior China appointment signals that the firm may be coming off the sidelines to follow competitors, who have already launched multiple funds onshore.
Passives drive equity fund flows in China
Chinese regulators have been convincing domestic players to launch more index funds and ETFs, with the aim of institutionalising the stock market.
Principal AM launches Greater Bay fund
The Malaysia fund manager is offering a product to domestic investors that focuses on China and HK companies likely to benefit from the development of China’s Greater Bay Area.
What’s in an ETF delisting?
CSOP Asset Management has pulled two ETFs from the Hong Kong market since July, following a spate of other firms doing the same.
Fidelity to apply for public licence in China
The firm has created a new China role as it prepares to transition its private fund management (PFM) business to a public asset management firm.
DBS launches wealth management via smartphone
Hong Kong customers of the bank investing at least HK$1m can set up a multi-currency savings and wealth management account using an app.
Cappetta hired by Investec for distribution role
The former Julius Baer fund advisory head will now shift to private bank fund distribution for the asset management firm.
