Change at Value Partners; RWC launches; Holding underperformers; UBS rakes in cash; FSM One’s new funds; New ETFs; Global or not; Crypto comeback; advertising and much more.

Change at Value Partners; RWC launches; Holding underperformers; UBS rakes in cash; FSM One’s new funds; New ETFs; Global or not; Crypto comeback; advertising and much more.
Northbound funds also saw positive net sales in February after three consecutive months of net outflows.
Additionally, assets of the firm’s sustainable portfolio have reached $550m in Asia.
Frank Tsui, fund manager for Asia ex-Japan equities, said he’s currently avoiding the materials sector and is underweight south Asia.
East Capital names Asia CEO as chief sustainable officer; Savills IM hires M&G’s Asia-Pacific head; BMO Global AM creates global alternatives role; Investors redeem from hedge funds in March; and more…
Record defaults last year have reduced investor demand for onshore Chinese bonds, according to Moody’s, yet funds prepare for inflows following the index inclusion.
The asset management giant joins the parade of firms launching thematic funds in Asia.
Overweight positions in Asia have helped propel the firm’s growth portfolio.
This week FSA presents a quick comparison of two Hong Kong dollar fixed income products: the Allianz HKD Income Fund and the JP Morgan SAR Hong Kong Dollar Bond Fund.
Sustainable funds are multiplying, and Morningstar warns that some managers are only posing as ESG investors.
Part of the Mark Allen Group.