Tee Fong-Seng has been poached from EFG to take over as CEO of PWM in Asia, as the Geneva-based firm also lures 19 bankers from rival CS.
Category: News
Are regulators pushing too hard on ESG?
Asia’s regulators, more than private banks, have been driving ESG-focused investing, though the latter have started to make ‘less formal’ inquiries.
Not yet ESG ready – August 19
In Asia-Pacific, BNPP AM exited a company in a conglomerate because of continuing related-party transactions, which were overshadowed by strong earnings reports.
Da Cheng to launch income product
The Hong Kong office of the mainland firm has had a total return bond fund investing in China approved by the Securities and Futures Commission.
HEAD-TO-HEAD: Fidelity versus Merian
FSA compares two global equity income products: the Fidelity Global Dividend Fund and the Merian Global Equity Income Fund.
The FSA Spy market buzz – 16 August 2019
New funds on FSM One; Structured ETFs; Tariffs sanity from Matthews; Central bank holdouts; CPF Board lack of choice; Falling in love; Bank run as a protest; no advertising and much more.
Aussie robo eyes Thai market
Sydney-based Raiz Invest aims for expansion in Southeast Asia, but does not have any intentions of tapping the Hong Kong and Singapore markets.
Fidelity aims to launch two funds in Hong Kong
Despite the difficult political and economic environment in Hong Kong, the firm hopes to eventually sell the newly SFC-authorised products.
In case you missed it (16 August 2019)
Capital Group bolsters digital capabilities; Merian hires from T Rowe; Apac ETF assets surge; Asifma launches Wechat account for Chinese users; and more…
Foreign firms ride FMP craze in Taiwan
Invesco tripled fixed maturity product assets in one year, followed by four other foreign firms that also had high net sales.
