Eastspring Investments has recruited two executives from infrastructure specialist Daestrum Capital to set up an alternatives team in Singapore.
Category: News
Natixis eyes WFOE as China entry point
Natixis GAM will need to grow in China to reach its AUM target, but the firm’s China strategy is still under consideration.
UOB launches income fund in Malaysia
The mixed asset product is a feeder fund investing in the bank’s United Income Focus Trust.
Study: HK fund industry shows slight improvement
Both Hong Kong and Singapore have no fund investment tax but carry some of the highest fund fees globally, according to the Global Fund Investor Experience (GFIE) study by Morningstar.
Alts assets surge in Singapore
Alternative assets in Singapore grew 17% to S$478bn ($351bn) last year, with real estate, private equity and venture capital contributing the bulk, according to the Monetary Authority of Singapore’s asset management survey.
The best and the worst funds – September 2017
China ETFs have joined actively-managed funds as the top performers over the past three years.
A hedge play on divergent economic recoveries
GSAM’s relative value strategy plays on movements between countries rather than typical market dynamics, according to Jonathan Xiong, head of the firm’s alternative fixed income strategies.
Malaysia’s fund industry AUM surges to $179bn
Malaysia’s fund industry has grown assets 8.86% this year to RM 758bn ($179bn), according to Zainal Izlan Zainal Abidin, Securities Commission Malaysia’s managing director for development and Islamic markets.
Fidelity switches to performance-based fee model
Fidelity International is the first major asset manager to make a switch to a “value for money” charging structure. The asset manager will give money back to clients when its funds underperform.
Is China shaping the future of WM?
Huge “non-bank banks” are about to roll out of China, which is spreading fintech innovation to other parts of Asia, according to venture capital firms.
