The firm said it has decided to consolidate Singapore operational and client activities in Hong Kong.

The firm said it has decided to consolidate Singapore operational and client activities in Hong Kong.
FE Advisory rebalanced its cautious portfolio at the end of June, reducing risk by switching to a shorter duration fixed income strategy.
Foreign firms continue to build a base in China’s private fund market by becoming eligible to launch products for domestic institutional and high net worth investors.
BMO Global will launch an actively-managed fund that invests in passive products, while the regulator approved for launch other funds from Jupiter and Schroders.
Nikko Asset Management Asia has listed a corporate bond ETF in Singapore and the regulator MAS is reportedly a seed investor.
The Hong Kong Monetary Authority has set up a Facebook page, joining other regulators and central banks in the region that have a social media presence.
FSA compares the JP Morgan Pacific Securities Fund and the Matthews Asia Asia Dividend Fund.
American Century hires; Morningstar adds; DBS turns 50; Thoughts on FAANGs and FAAMGs; Utrade goes Robo; Pimco is architectural; other advertising and much more.
The Hong Kong-based firm expects to launch two smart beta ETFs in August, with one investing in the Asean markets and the other in technology-enabled companies.
In 2017, total assets under management by the private banking and private wealth management business in Hong Kong hit $1trn (HK$7.8trn), while asset management was up 23%, according to the Securities and Futures Commission (SFC).
Part of the Mark Allen Group.