Hong Kong’s Securities and Futures Commission (SFC) and France’s Autorité des Marchés Financiers (AMF) have signed a memorandum of understanding linking their mutual fund markets.
Category: News
Singapore’s GIC expects lower returns
Singapore’s sovereign wealth fund GIC is expecting to earn lower returns in the coming years, citing concerns over valuations and market uncertainty in its annual report.
Risk-off mode persists in HK and Singapore
Fixed income funds in Hong Kong and Singapore saw the bulk of inflows in the first quarter of 2017, while the demand for equity funds remained low, according to a Cerulli Associates report.
Malaysia’s first China mixed-asset fund
Malaysia’s CIMB-Principal Asset Management launches the country’s first China-focused multi-asset fund.
Blackrock’s flagship China ETF now physical
Blackrock’s iShares FTSE A50 China Index ETF loses its “synthetic” label and acquires a renminbi counter.
Taming China’s stock market
Foreign buyers and Chinese institutional investors with long-term horizon bring stability and efficiency to Chinese stock market, argues Greg Kuhnert, portfolio manager at Investec Asset Management.
In case you missed it – Asia Funds News
Principal Financial Group creates head of Asia ex-Japan role; Nikko Asset Management makes senior personnel changes; Value Partners reduces management fees for its gold ETF; Société Générale launches daily leverage certificates in Singapore; MSCI rolls out two ESG indices; and more…
MAS steps up rule enforcement
The Monetary Authority of Singapore (MAS) will be sending mystery shoppers to financial advisers as part of its efforts to boost enforcement, according to Merlyn Ee, the regulator’s executive director for capital markets intermediaries.
The FSA Spy market buzz – 7 July 2017
New head at Natixis AM; Amundi loses, so does Janus Henderson; J.P. Morgan AM hires, so does Deutsche AM; marketing shift at Eastspring; asset class returns; Lazard blazes and so much more…
DB boasts of good WM returns
Deutsche Bank Wealth Management said that 95% of its discretionary strategies globally generated positive absolute returns in the first half of 2017.