St James’s Place Wealth Management has launched discretionary managed accounts in Hong Kong, its first such offering in Asia.
Category: News
In case you missed it (23 February 2018)
Fidelity poaches from Amundi AM; Jupiter hires JP Morgan multi-asset PM; Alliance Bernstein and Allianz GI rated as top managers in Asia; Bloomberg to include Indonesian rupiah-denominated debt in global index; Indonesia becomes first Asian country to sell green bonds globally; and more…
Rethink China’s SOEs, says Premia Partners
Conventional wisdom says Chinese state-owned enterprises (SOEs) are bad investments, but that is not necessarily true, according to David Lai, Hong Kong-based co-chief investment officer at Premia Partners.
CPG to launch China ETF in Europe
State-owned China Post Global has applied to launch a China A-shares ETF in Europe, adding to its Market Access range of ETFs on the continent, said the firm’s London-based managing director Danny Dolan.
China’s corruption score improves
President Xi Jinping’s anti-corruption campaign appears to bear fruit as the country inches up in Transparency International’s newly-released 2017 Corruption Perception Index.
Japan may be lifeline for passporting scheme
Fund managers joining the Asia Regional Funds Passporting (ARFP) scheme are likely to find the best opportunities in Japan, according to Andrew Gordon, Hong Kong-based managing director for Asia at RBC Investor and Treasury Services.
A look inside Asia’s fund doghouse
FSA searched for consistently underperforming funds registered for sale in Hong Kong and found several North America and Latin America equity products.
Fullerton launches onshore fund in China
Fullerton Fund Management, owned by Singapore state-run Temasek, has become the latest asset manager to be granted approval to sell an onshore private fund in China.
Deutsche Wealth poaches HSBC PB veteran
In Asia-Pacific, Deutsche Bank Wealth Management has made 60 hires in six months, and the latest is Ingrid Widjaja for the role of Southeast Asia group head for client coverage.
Hang Seng WM business grows profit 33%
Hong Kong’s Hang Seng Bank reported a 33% increase in income generated by its wealth management business, driven by strong demand for investment products.
