Allianz, UBS, Schroders, Castlestone — these firms had funds among the best and the worst performers over the last three years.
Category: News
In China, big AUM means MMF strength
Money-market funds (MMFs) account for at least 35% of the total assets managed by the largest fund management firms in China, according to data from the Asset Management Association of China (AMAC).
China’s Jupai reports strong Q2
Despite recent top-level resignations, Jupai Holdings, a Shanghai-based, NYSE listed wealth management firm, has reported a strong Q2 and has plans for US offices and more foreign partnerships.
IMF warns on China’s ‘dangerous’ debt
China’s growth outlook is expected to improve between 2017 and 2021, but the country’s rising debt skews the figures and raises strong concerns, according to the International Monetary Fund.
Thai investors cling to fixed income
Thai investors continued to boost their fixed income investments in the first half of 2017, Morningstar data shows.
Income funds in demand in Hong Kong
HSBC Asset Management and JPMorgan gathered the most mutual fund assets in Hong Kong in the first half of 2017, driven by investors’ demand for income-generating funds.
World’s biggest money market fund reigns in max investment
Alibaba-distributed fund Yuebao has lowered the maximum individual investment for the second time as China’s regulator tightens rules for money market funds.
Ex-UBS exec sets up Hong Kong WM firm
A former UBS director of UHNW assets is part of a team behind the newly-established DC Wealth Management (HK).
Standard Life Aberdeen complete industry mega merger
The formation of investment giant Standard Life Aberdeen has been finalised, the company confirmed early Monday morning.
Malaysia joins fintech race
Standard Chartered Bank and Allianz have teamed up with Supercharger, a fintech accelerator programme that has expanded to Malaysia.