The Principal BRIC Emerging Economies Fund is among SFC-authorised funds to be terminated due to their small asset size.
Category: News
Fund selectors turn to index-trackers
Fund selectors in Hong Kong, Singapore and Bangkok told FSA in a survey that they would allocate more of their assets to index-tracking products in the next 12 months.
China’s Lufax licensed for business in Singapore
The Monetary Authority of Singapore has awarded a capital markets services licence to a subsidiary of Ping An-backed Lufax Holdings yesterday, according to a statement from the firm.
Blackrock plans to launch private funds in China
Blackrock is applying for a private fund management licence in China with the goal of launching funds for high net worth and institutional clients, according to media reports.
China GDP growth surprises on the upside
China pulled off better than anticipated growth in the second quarter, leading analysts to speculate it could have greater momentum going forward.
Online payments drive China opportunities
Focusing on online payment ecosystems and other consumer-driven innovation is the key to investing in China and other emerging markets, argues Andy Budden, investment director at Capital Group.
Aberdeen launches multi-asset funds in Singapore
Aberdeen Asset Management has launched two multi-asset funds in Singapore, the firm’s first in this category to be offered in the city-state, according to a statement from the firm.
Deutsche AM terminates 16 ETFs in Hong Kong
Deutsche Asset Management is delisting 16 DB x-trackers ETFs in Hong Kong, reducing by half the number of the firm’s ETFs listed in the SAR, according to records from the Hong Kong Exchange and Clearing.
ICBC launches mutual fund indices in China
Industrial and Commercial Bank of China (ICBC) introduced two indices tracking baskets of mutual funds, in anticipation of the approval of fund-of-funds (FoF) products by China’s regulators.
UBS WFOE cleared for business in China
UBS Asset Management obtained a private fund management (PFM) license in China yesterday, allowing it to offer fund products to onshore clients, the firm announced.
