UBS and Julius Baer are the 2H standouts showing big quarterly increases in Asia wealth management inflows as major private banks report first half results.
Category: News
Fintech service to offer PE deals to Asia’s HNWI
Singapore’s Farringdon Asset Management plans a service matching ultra-high-net-worth investors (UHNWIs) with private equity investment opportunities.
Three products dominate China’s $5trn MMF market
China’s top three money market funds command one-third of the fund category’s assets, raising concerns about liquidity, according to a report by FitchRatings.
TIAA’s Nuveen to target APAC’s professional investors
Nuveen Asset Management, the asset management business of US-based TIAA, has opened a Hong Kong office and will focus on real assets and alts.
DBS poaches from BoS for CIO wealth role
DBS has named Hou Wey Fook as its new chief investment officer for consumer banking and wealth management, according to a statement from the firm.
SSGA: No big market correction in 2H
State Street Global Advisors Asia-Pacific head of investments Kevin Anderson does not expect a big correction for US equities despite expensive valuations.
Bond investors turn to local currency Asian bonds
Local currency Asian and emerging market bonds are becoming more attractive as US reform impetus stalls, according to M&G’s Claudia Calich.
The FSA Spy market buzz – 28 July 2017
Haitong hires; Schroders’ profits; UOB is steadfast; JO Hambro aims high; Balance sheets swell; Currency markets disobey; JP Morgan PB’s reading list and much more.
In case you missed it – Asian Funds and Markets News
Schroders sells its Asian Asset Income Fund in China through the MRF; Aviva Investors creates real estate role in Singapore; Vontobel AM hires three new analysts for its growth equity team; New Zealand sees its first green bond; Morningstar acquires stake in ESG research and ratings firm Sustainalytics; and more…
Blackrock: Foreign inflows in Chinese bonds ‘gradual’
The percentage of foreign capital going into China’s onshore bond market is set to rise, driven by the recent decisions to include the bonds on global indices, according to Neeraj Seth, Singapore-based head of Asian credit at Blackrock.
