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.
Category: News
Singapore seeks MRF, passporting schemes
The Monetary Authority of Singapore wants Singapore-domiciled funds to be available to investors in offshore markets, according to Lim Cheng Khai, an executive director for capital markets intermediaries at the MAS.
DBS and NTU to develop pipeline of wealth managers
DBS Bank and Nanyang Technological University (NTU) Singapore have teamed up in a bid to build a sustainable talent pool of wealth management associates.
UBP: Bond investors not compensated for risks
The return for US and European bond investors offers insufficient compensation for the risk they are taking, especially in the high yield segment, said Norman Villamin, chief investment officer at Union Bancaire Privee.
How did China’s AM joint ventures do in 2017?
Foreign asset management joint ventures in China did not escape the industry-wide outflow of capital from actively-managed mutual funds in 2017.
Blackrock delists China A-shares ETF
Blackrock is delisting one of its China A-share-focused ETFs from the Hong Kong Exchange because the firm believes the purpose of the underlying index “no longer exists”.
How well did your portfolio perform vs FE’s?
For full year 2017, FE’s cautious, balanced and growth portfolios were up in double digits, but the real test will come during a sustained market downturn.
Morningstar Asia fund reviews and re-ratings – January 2018
The research firm has initiated coverage on Legg Mason and JP Morgan products and reaffirmed ratings on several others.
Thai feeder fund among Asia’s best-sellers
Two mutual funds in Thailand and one in Hong Kong were among the 10 best-selling newly-launched products in Asia-Pacific in 2017, according to a Broadridge Financial report.
J Safra Sarasin: Invest in tech that reshapes old economy
3D printing, drones and blockchain are a few examples of technology expected to renew old economy manufacturing and services, but the tech adopters rather than the tech providers are the interesting investment opportunities, according to Tomasz Godziek, director at Bank J Safra Sarasin.
