Blackrock’s first private securities fund launched onshore in China has adopted a low-fee strategy to attract domestic high net worth and institutional investors.
Category: News
Asia’s fund selectors sour on emerging markets
Data collected by FSA shows a significant decline in sentiment toward global emerging market equities and Asia-Pacific ex-Japan equities among fund selectors in Hong Kong, Singapore, Thailand and Malaysia.
HEAD-TO-HEAD: Blackrock vs UBS AM
FSA compares the BGF China Fund and the UBS (Lux) China Opportunity Fund.
The FSA Spy market buzz – 27 July 2018
OMGI loses, Nikko AM adds, Columbia Threadneedle pinches, Vontobel rotates, LGT loses; Matthews Asia is opening; GSAM roars; Facebook truths; advertising and much more.
Get set for China’s earnings growth, says CIFM
Earnings growth, shareholding among top management and dividend payout are the more important factors when evaluating China’s onshore stocks, argues Judy Chang, chief investment officer at China International Fund Management (CIFM).
Entire board of Malaysia’s SWF quits
All nine members of Khazanah Nasional’s board of directors have resigned, possibly impacting foreign funds with positions in Malaysian companies.
In case you missed it (27 July 2018)
Standard Chartered PB names new EMEA head; Are fine wines good alternative investments?; ex-SFC Alexa Lam resurfaces at ICI Global; Aviva Investors creates institutional sales role for Australia; Franklin Templeton hires new EM portfolio manager; global hedge funds see outflows in June; and more…
Investors find Chinese companies ‘difficult’
An overwhelming 98% of global investors said they have difficulties engaging with onshore Chinese companies, and a majority do not agree with the recent A-share inclusion on the MSCI, according to a survey conducted by the Asian Corporate Governance Association (ACGA).
After China, Eastspring sets up in Thailand
Eastspring Investments has reached an agreement to acquire 65% of Bangkok-based TMB Asset Management from TMB Bank, with the option to increase its ownership to 100%.
Taiwan investors shift to balanced funds
In terms of offshore funds, Taiwan investors trimmed fixed income and moved into balanced and money market funds in the first half, according to data from the Securities Investment Trust and Consulting Association (Sitca).
