UBS Wealth names new APAC heads; Fullerton creates PE role; Redemptions continue in hedge funds; SFC fines firm for cross-trade failures; and more…
Category: News
WFOEs face more hurdles besides distribution
With more global fund houses setting up wholly foreign owned enterprises (WFOEs) in China, finding enough of the right staff is likely to be difficult and expensive.
Sumitomo Mitsui joins RQFII scheme
The firm has become the first Japan-based entity to join China’s inbound programme.
Women left behind in HK’s financial industry
It’s still difficult for women to get to senior positions in Hong Kong’s financial industry, despite an increase in female representation in the industry across developed markets, a study by PwC has found.
Fund sales plunge in Hong Kong
Although balanced funds saw net inflows during the first 10 months of 2018, equity and bond funds suffered net redemptions, according to an industry report.
US equity funds: best and worst in 2018
T Rowe Price floats as the S&P sinks into negative territory for the first calendar year since 2008.
E Fund makes latest product push in Hong Kong
In total, the Securities and Futures Commission (SFC) approved 10 mutual fund products in December for retail sale.
Volatility on upswing: Time to revisit your bond allocation
Not all fixed income funds are created equal. Some of them may not be as defensive as one would expect. Analyse the risks of your fixed income allocation in today’s late-cycle.
Happy Holidays from Last Word Asia
Merry Christmas and Happy New Year from Last Word Asia. We will take a holiday break.
The FSA Spy market buzz – 21 December 2018
The Spy has the last word by ending the year with his own wish list.
