Rick Chen moves from Fidelity to take over as chief executive officer of BNP Paribas Asset Management’s Taiwan business.

Rick Chen moves from Fidelity to take over as chief executive officer of BNP Paribas Asset Management’s Taiwan business.
Historical data suggests the inverted yield curve plus an interest rate cut will likely support high yield bonds, according to a manager at Alliance Bernstein.
Despite the Hong Kong firm joining the cross-border distribution scheme, there is little interest from the industry.
Investors are likely to differentiate further between high and low quality China property bonds following the recent restrictions on offshore issuance.
This week FSA presents a quick comparison of two North America equity products: the AB Select US Equity Portfolio Fund and the Robeco BP US Premium Equities Fund.
Other firms also say they have not seen any transfer of money outside of Hong Kong that are linked to the protests.
Fixed maturity and passive products make up the list of funds that gathered $1bn or more in the past 12 months.
Thomas Jost will join VP Bank’s Singapore branch as head of intermediaries.
The QFII scheme is a transitional step towards China’s orderly opening of its capital markets, according to the 2018 annual report from State Administration of Foreign Exchange (Safe).
Separately, the firm plans to expand its GEM fixed income team to include an Asia-focused analyst, according to Alejandro Arevalo, London-based emerging market fixed income fund manager at Jupiter Asset Management.
Part of the Mark Allen Group.