The deal comes after the firm launched its wealth management business in Thailand.
Category: News
In case you missed it (28 June 2019)
HSBC PB bolsters Philippine coverage; T Rowe hires from Fidelity for Greater China intermediary business; Investec expands EM corporate debt team; Manulife IM taps India market through JV; China leads in sustainable investments; and more…
Citi PB unshakable on China despite risks
Domestic consumer demand and a weakening dollar should underpin China’s equities markets, according to the bank’s head strategists.
No takers for HK’s new fund structure
But the hope is that a July change in Cayman Islands regulations will steer hedge and private fund managers toward locally-domiciled funds.
Malaysian manager launches China bond fund
In yet another feeder fund partnership, RHB Group Asset Management’s fund will feed into Blackrock’s China bond product.
China Top Trumps – China equities
This week FSA presents a quick comparison of two China equity products: the First State China Growth Fund and the UBS (Lux) Equity China Opportunity Fund.
Chinese managers warm to AI for domestic sales
The majority of China’s domestic asset management firms are trying out an AI-enhanced distribution platform to reach retail investors.
Foggy view keeps Pictet WM overweight cash
The wealth manager also gives a sneak peek of what is inside its “Asia Leaders” discretionary mandate.
Eastspring’s call: US equities over all others
A buoyant domestic economy should support US equities, while incremental yield can be earned with Asia high yield bonds and selective carry currencies.
High yield too expensive, says Amundi
The expected July interest rate cut in the US is unlikely, according to Boston-based Ken Taubes, chief investment officer for Amundi.
