Asia-Pacific now accounts for 10% of global fund assets under management.

Asia-Pacific now accounts for 10% of global fund assets under management.
Principal Global appoints MD for China; Janus Henderson bolsters distribution team; Man GLG expands long-short equity team; Blackrock sees net outflows in APAC; Institutions to allocate more in APAC real estate; and more…
The FSA Awards luncheon was held today at the Tower Club in Singapore, where the Platinum and Gold winners accepted their respective fund awards.
Union Bancaire Privée (UBP) has set up a new asset management unit in Taiwan after gaining a Securities Investment Consulting Enterprises (SICE) business license in late 2018.
The firm said in an internal memo last week that it will be laying off 500 employees globally, accounting for 3% of its total workforce.
Hong Kong-based robo advisory Magnum Research has partnered with a number of distributors and institutions in the region.
High yields are available in oversold, short-dated credit assets, argues Eoin Walsh, portfolio manager at Twenty Four Asset Management.
US equity valuations have become cheaper, but investors can find more value elsewhere, argues Norman Villamin, Zurich-based chief investment officer for private banking at Union Bancaire Privée.
Hong Kong’s Securities and Futures Commission and Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF) have signed an a memorandum of understanding on the mutual recognition of funds scheme.
Investors should consider adding US dollar-denominated emerging Asia bonds in 2019 after a decline in appetite last year, the firm said.
Part of the Mark Allen Group.