Schroders Wealth hires; Asset management mood swings; Deutsche tailors and lay-offs; Fat finger trades; Public lists; advertising from CSOP and much more.
Category: News
China’s Hywin inks foreign bank partnership
Shanghai-based Hywin Wealth Management and Liechtenstein-based VP Bank will be targeting wealthy Chinese investors.
Another cross-border tie-up in Malaysia
A local asset manager’s arrangement with BOCHK is the latest in a spate of investments in foreign funds.
In case you missed it (12 July 2019)
Aberdeen Standard wins $500m mandate from Asian Infrastructure Investment Bank; Global sovereigns shift to fixed income from equities; Man Group launches proprietary ESG tool; MSCI creates ESG scores for mutual funds; Morningstar modifies analyst rating system; and more…
Hong Kong investors run to safety
Global equity markets have rallied this year, but two-thirds of fund sales in Hong Kong are in fixed income products.
Stay with China equities, says CIO
Bill Maldonado, chief investment officer at HSBC Global Asset Management, has questioned defensive strategies as these names have become expensive in the last 12 months.
Premia Partners debuts ‘bookend’ ETFs
Despite market headwinds, the Hong Kong-based firm believes it will get traction with two products at opposite ends of the risk spectrum.
RMB bond funds struggle despite index inclusion
The phased addition of China government bonds (CGBs) into Bloomberg’s leading benchmark index has so far failed to boost RMB dedicated fixed income funds.
HSBC Global in aggressive MRF push
At the same time, Chinese investors have continued to pour money this year into Hong Kong-domiciled funds sold in the mainland via the MRF scheme.
Mixed reviews for Blackrock, Pimco EM funds
Morningstar emphasised the importance of management strength and stability in its June ratings review of mutual funds.
