Greater China-focused funds that have higher fees tend to underperform their benchmarks more often than those with lower fees, according to FE data.
Category: News
Another Australia firm gets RQFII quota
Russell Investment Management in Australia received its first RQFII quota to invest in onshore China, becoming the third Australia-based asset manager to be granted an allocation.
A manager’s take on building bond ETFs
Managing a bond ETF requires a different skill-set than an equity ETF due to the high number of issuance in a bond index as well as liquidity, according to Mark Raes, Toronto-based head of product at BMO Exchange Traded Funds.
Credit ratings are only part of the story
Credit ratings of companies doled out by ratings agencies do not necessarily influence investment decisions, according to Mitch Reznick, London-based co-head of credit and head of credit research at Hermes Investment Management.
Dim sum bonds endure, says JPM
China’s offshore dim sum bonds are not going to disappear any time soon, despite the expanding issuance of onshore panda bonds, said Stephen Chang, head of Asian fixed income at JP Morgan Asset Management.
Mutual fund Top Trumps – Japan small/mid cap equity
This week FSA presents a quick comparison of the Invesco Nippon Small/Mid Cap Equity Fund and the JPMorgan Japan Smaller Company (Yen) Fund.
APAC’s largest managers hit $6.9trn AUM
Asset managers in Asia-Pacific have reached $6.9 trn of AUM in 2016, up 1.3% from the previous year, according to a study by Willis Towers Watson.
BEA Union joins growing IM WFOE club
BEA Union Investment was granted a license from Chinese authorities to establish an investment management wholly foreign-owned enterprise (WFOE) in Qianhai.
HSBC’s profits leap as Asia drives 70% of growth
HSBC’s profits in the third quarter were some $4.3bn higher than the previous year, largely thanks to its renewed focus on Asia.
Singapore’s iFast hits $5.26bn in AUA
iFast Group’s assets under administration (AUA) was up 19.3% year-on-year as of the end of September, hitting a record high of S$7.16 ($5.26bn), according to the firm’s third quarter results.
