Malaysia-based asset manager Farringdon Group has shelved plans to launch an artificial intelligence investment strategy after the performance disappointed.

Malaysia-based asset manager Farringdon Group has shelved plans to launch an artificial intelligence investment strategy after the performance disappointed.
A report names and shames asset managers that use the most obscure language, long sentences and jargon on their websites.
JP Morgan AM expands Asia beta strategies team; Barings hires for Asia alternatives; E Fund and SSGA co-develop China-focused environmental strategy; Natixis IM expands private debt capabilities; global hedge fund industry sees net inflows; and more…
Columbia Threadneedle and Value Partners have exited the Taiwan fund market, but ASI intends to step up efforts by developing locally-domiciled funds and tailoring its offshore funds to fit local demand.
In China’s inefficient equity market, active management is preferred to passive investing, according to wealth management sources.
US-based firms, including Bridgewater Associates and State Street Global Advisors, have become new licence holders in China’s quota programme that allows them to invest in the country’s onshore markets.
This week FSA compares two fixed income sectors — Hong Kong dollar and renminbi funds available for sale in Hong Kong.
Alternative assets in client portfolios should be increased beyond the current 20%-25% to protect against periods of volatility and a coming US recession, according to Isaac Poole, Oreana Private Wealth’s recently appointed CIO.
Asia equities have been down year-to-date, but Andrew Swan, head of Asian and global emerging market equities, believes the reason is negative investor sentiment, which is at odds with positive corporate fundamentals.
US-based Dimensional Fund Advisors is awaiting regulatory approval from the Monetary Authority of Singapore for nine funds to be sold in the Lion City, according to records from the regulator.
Part of the Mark Allen Group.