A senior China appointment signals that the firm may be coming off the sidelines to follow competitors, who have already launched multiple funds 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.
Chinese regulators have been convincing domestic players to launch more index funds and ETFs, with the aim of institutionalising the stock market.
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.
CSOP Asset Management has pulled two ETFs from the Hong Kong market since July, following a spate of other firms doing the same.
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.
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.
The former Julius Baer fund advisory head will now shift to private bank fund distribution for the asset management firm.
Robo-advisor Syfe has added human portfolio advice for clients in a challenge to more expensive wealth management firms.
The fund passport scheme is also expected to include South Korea as a participating member by April.
The Exchange Fund incorporates ESG and green finance principles into its investment process and expects the same from its external managers, according to HKMA’s deputy head.
Part of the Mark Allen Group.