Defensive stocks have become more expensive, according to the head of global multi-asset income.

Defensive stocks have become more expensive, according to the head of global multi-asset income.
Despite net inflows, assets under management in Hong Kong declined 5% year-on-year in 2018, according to a Securities and Futures Commission (SFC) survey.
FSA compares two European equity funds: the Jupiter Growth Fund and the Oyster European Selection Fund.
Blackrock loses; First State’s half century; M&G ESG; Selling frontier; Standard Chartered’s fund selections; FMP dullness; advertising from Ameritrade and much more.
Data from the Asset Management Association of China shows the latest rankings by firm and by asset class in the mainland’s onshore mutual fund market.
The bank joins a number of wealth and asset managers that have recently set up in the country.
Hong Kong-based hedge fund platform OPIM said it will add an absolute return fund that will invest in A-shares.
AIA hires from Citi for head of funds; Capital Group names head of Europe and Asia distribution; Vanguard partners with Korea securities firm; 10-year returns for fine wines higher than Chinese equities; Hong Kong’s millennials snub ESG; and more…
Assets of three other China-focused thematic ETFs have already passed the break-even mark.
A-share inclusion on major indices has led to interest among Chinese businesses in improving the ESG profile, according to Robeco.
Part of the Mark Allen Group.