Old Mutual Global Investors (OMGI) is to hand the management of its two Asian equity funds to the firm’s global equities desk headed by Ian Heslop and part ways with fund manager Josh Crabb and his investment team.
Category: News
M&G poaches from Capital Group
M&G Investments has brought in William Tan as head of intermediary channels for Asia, filling the role held by Ben Cherrington.
SJP WM hires for Shanghai office
Mark Woodward has joined St James Place Partnership in Shanghai to provide wealth management services to affluent and high net worth expatriates in China.
DWS more bullish on China
Financials re-rating, structural changes and deleveraging are behind an increased confidence in DWS’s overweight in China equity, according to the firm’s CIO Sean Taylor.
Hong Kong ETF AUM slips
The assets under management in Hong Kong ETF market slipped in the first quarter of 2018, placing it for the first time below South Korea, Morningstar data show.
Atlantis IM bets on China’s healthcare, banks
The healthcare and banking sectors will lead China equity returns in 2018, according to Liu Yang, chairwoman of boutique fund house Atlantis Investment Management.
Korea equity fund to be sold under MRF
China’s Haitong International Asset Management seeks approval to distribute its Korea equity fund on the mainland under the Mutual Recognition of Funds (MRF).
Thai investors saw opportunity in market correction
While Thailand equity markets did not escape global correction in February, Thai investors saw it as a buying opportunity, fund flows data from Morningstar show.
HKIFA: Sales of mixed-asset funds soar
Net sales of mixed-asset funds in Hong Kong grew tenfold in 2017 compared to the year before, as investors hedged the risk of a market correction, according to data from Hong Kong Investment Funds Association (HKIFA).
Hermes IM bought by Federated Investors
The US asset manager Federated Investors has bought a 60% stake in Hermes Investment Management from the UK’s BT Pension Scheme in a £246m ($344m) deal.
