HSBC Private Bank hires; Lombard Odier adds; Emerging markets on sale; ETFs learn from active; Nigerian bankers and guaranteed returns; advertising and much more.

HSBC Private Bank hires; Lombard Odier adds; Emerging markets on sale; ETFs learn from active; Nigerian bankers and guaranteed returns; advertising and much more.
In the 1H, investors turned conservative, dragging down the value of wealth management products distributed by Chinese wealth manager Jupai, according to the firm’s CEO Ni Jianda.
Enhanced Investment Products delisted a smart-beta fund while Mirae Asset ends trading of a consumption-related thematic product, according to records from the Hong Kong Stock Exchange.
An alternative fund that involves aircraft and engine leasing offers portfolio diversification and addresses a burgeoning global business, according to Laurent Biousse.
Matthews Asia names Asia head; Man Group makes key appointment in Korea; East Capital brings China-A strategy to Asia’s qualified investors; managers prefer QDLP to PFM access in China; Hong Kong’s Final Court dismisses Moody’s appeal; and more…
In Hong Kong, the Canadian firm recently launched an actively-managed balanced fund that invests in ETFs, as management sets its sights on the wholesale market.
At least eight foreign managers have received QDLP licences after China revived the programme at the beginning of the year.
All 100-plus funds in the SFC-registered China equity category are negative year-to-date, according to FE data.
Strong outflows from bond funds for sale in Hong Kong were driven by global and high yield products, as the asset class undergoes a huge reversal from 2017, according to data from Hong Kong Investment Funds Association (HKIFA).
First State Stewart’s Alistair Thompson explains why Asia’s best opportunities do not include the standard regional heavyweights such as Alibaba, Tencent or Samsung.
Part of the Mark Allen Group.