The Singapore-domiciled funds with the highest inflows in 2017 were from Schroders and UOB, while a Fullerton fund had the highest net outflows.
Category: News
EY: Private banking shakeout to continue in 2018
Regulatory costs are expected to increase while clients increasingly prefer digital channels for financial advice, suggesting wealth managers rethink traditional business models, according to Elliot Shadforth, Hong Kong-based Asia-Pacific wealth and asset management leader at EY.
China AMC: Warrants preferred over L&I ETFs
The slow development of leveraged and inverse exchange-traded funds (L&I ETFs) in Hong Kong may be due to the SAR’s well-established warrant market, said Frederick Chu, head of ETFs at China Asset Management.
Report: Mark Mobius to launch his own EM fund
The emerging markets optimist is reportedly starting his own fund management firm and has also joined the investment committee of Mumbai-based venture capital firm Equanimity Investments, according to local media reports in India.
Credit Suisse Asia hiring investigated
Swiss banking giant Credit Suisse is being investigated by the US government for its hiring practices in Asia-Pacific.
Explaining bond funds to the buy-side
Private banks in Hong Kong and Singapore ask bond fund managers to explain any short-term underperformance and to provide stable income streams, according to Boston-based Brian Kennedy, vice president and portfolio manager at Loomis Sayles.
Report: Foreign managers to take 25% of China’s market
In a decade, global asset managers are expected to hold 25% of China’s mutual fund industry assets due to regulatory changes and the competitiveness of the foreign firms, according to a report by Shanghai-based consultancy firm Z-Ben Advisors.
Capital Group’s regional build out continues
After a spate of Hong Kong fund offerings the last year, US-based Capital Group continues in 2018 with the launch of a fixed income product.
China’s conglomerates target foreign fund houses
Chinese conglomerate Zhejiang Zhongnan has joined HNA Group and China Post Global in acquiring a foreign fund house, as more mainland groups seek a foothold in asset management.
