China’s government does not have enough tools to manage leverage and provide liquidity to China’s state-owned enterprises (SOEs) in case of a downturn, argues Jupiter’s Alejandro Arevalo.
Category: News
Chinese investors to shift away from WMPs
Chinese investors are expected to move away from banks’ wealth management products towards products managed by asset managers, according to a report by Oliver Wyman, a consulting firm.
Standard Chartered’s Anna Marrs exits
Anna Marrs, Standard Chartered’s CEO for commercial and private banking and CEO for the Asean and South Asia (ASA) region, will be leaving the bank in September.
Philippines to see first MSCI Philippine Index fund
Manila-based fund manager Philequity Management plans to launch an index fund that will track the MSCI Philippines Index, according to Miguel Agarao, the firm’s vice president for business development.
BNY Mellon: Foreign managers eyeing ETF Connect
Foreign passive fund specialists plan to launch new ETFs in Hong Kong in expectation of selling them to mainland investors through the ETF Connect, according to John Sin, head of asset servicing for greater China at BNY Mellon.
FE Advisory Asia Portfolio review – February 2018
The firm’s balanced portfolio posted a loss in February, dragged down by the global correction in equities, according to FE Advisory Asia.
Natixis AM to expand client base in Asia
Natixis Asset Management, which will be rebranded as Ostrum Asset Management on 3 April, aims to expand its AUM coming from the private and retail banking segments in Asia, according to Fabrice Chemouny, Hong Kong-based head of Asia-Pacific of the firm’s holding company, Natixis Investment Managers.
Aberdeen Standard: SRI is not ESG
While ESG has become an inherent part of risk management, SRI (socially responsible investment) products are, by comparison, designed to meet the demand of specific investors, Aberdeen Standard’s William Scholes told FSA.
Invesco: Tapping into consumer demand
Tapping into the growing consumer demand opportunities in Asia means high exposure to Greater China, but requires caution around high concentration in top stocks, said Invesco’s William Yuen.
Stanchart Singapore fined $5m for AML breaches
The Monetary Authority of Singapore (Mas) sends a message of zero tolerance towards money laundering as it penalises two Standard Chartered entities for suspicious transfers from Guernsey, according to industry sources.
