China could cope with a full-blown trade war with the US, but a deal is likely by year-end, argues Andy Rothman.
Category: News
In case you missed it (06 September 2019)
M&G Investments creates Asia-Pacific equity team; UBS Wealth raises $225m for impact product; BNY Mellon opens representative office in Korea; Schroders’ Lieven Debruyne takes on new role; and more…
Asia AUM growth slumped in 2018
The region had its slowest growth in assets under management for six years, but retail demand continues to fuel China flows, according to a McKinsey report released today.
Northbound MRF inflows at nearly $1bn
Onshore money seeks offshore exposure and Broadridge says some popular northbound funds have an absolute return flavour.
China AMC to debut 2x inverse product
Separately, one of CSOP Asset Management’s recently launched (-2x) inverse products has become the second largest L&I ETF in Hong Kong.
UOB AM expands in Indonesia
The Singapore firm’s majority stake adds it to the growing list of asset and wealth managers in Indonesia.
Janus Henderson launches thematic funds in Singapore
The funds are now available to Singapore retail investors and have been submitted to the SFC for sale in Hong Kong.
Ex-CSRC head: tighten oversight
As China’s asset management industry opens and more foreign firms enter, regulations are not keeping pace, according to Xiao Gang, former head of the China Securities Regulatory Commission.
SFC removes spate of asset management licences
In August, the Hong Kong regulator removed nine licences and year-to-date, a total of 23 Type 9 licence holders have de-registered. But what are the reasons behind it?
DBS launches hybrid robo-advisor
The bank takes aim at retail investors with robo technology and in Taiwan, Legg Mason partners to set up a robo-advisor.
