Indonesia’s affluent population is forecast to grow annually around 8%, and foreign firms have been moving in.
Category: News
In case you missed it (18 October 2019)
Ostrum names new CEO; BNPP AM in India to merge with Baroda AM; Value Partners targets Korean investors; Bea Union launches another FMP; Morningstar expects fund downgrades to outnumber upgrades; and more…
Amundi courts HK investors with new theme
An education-themed fund will be a first in the Hong Kong market and the firm also expects to offer it to mainland investors via the MRF scheme.
CSOP opens Singapore office
The China asset manager plans to use the city-state financial hub to grow its business in Southeast Asia.
China clarifies credit standards for WMPs
China continues to refine regulations aimed at opening its financial industry.
Some cocos are still risky, Merian says
The European banking sector has strengthened, but Merian Global Investors believes that not all contingent convertible (coco) bonds are attractive.
Twenty-Four AM positions for recession
Fixed income portfolios should shun risk and erect liquidity buffers against future shocks, argues Twenty-Four Asset Management’s founding partner.
M&G plucks new Asia head from Eastspring
Yet another Eastspring exec leaves, joining M&G Investments as the firm’s de-merger from Prudential approaches.
Do concentrated funds outperform?
High conviction equity portfolios tend to have a higher likelihood of outperforming the index than broadly diversified portfolios, argues Willis Towers Watson.
Thai investors flee foreign funds
Thailand fund activity in the third quarter was marked by outflows from foreign equity and bond funds, according to a recent Morningstar report.
