With bonds’ ability to provide diversification diminished, M&G’s Tony Finding recommends targeting different geographies within equities to achieve the same outcome.
Category: News
FSDC proposes new structured products
Hong Kong’s Financial Services Development Council (FSDC) recommends broadening of the domestic listed structured product range by introducing yield enhancement, participation and capital-protected products.
Pimco names new head of Asia ex-Japan
Pimco has named Michael Thompson, the firm’s head of its Singapore office, as head of Asia ex-Japan.
NB poached China head from HFT
Neuberger Berman appointed Patrick Liu as the head of China and general manager of its new Shanghai office.
VCBF funds see above-market returns
Vietnam’s Vietcombank Fund Management’s (VCBF) two open-ended funds returned more than 15% for the full year 2016, beating the Vietnamese stock market.
Blockchain to improve asset pricing process
Blockchain will make the asset pricing process of portfolio managers faster and more accurate by bringing various data sources in sync, said Liang Hu, head of emerging technologies centre at State Street.
First ETF approved under Asean CIS
Singapore Exchange (SGX) has approved the listing of One Stoxx Asean Select Dividend ETF under Asean Collective Investment Scheme (CIS) framework, according to a statement from the exchange.
Chinese HNWIs pour money into PE real estate
Hong Kong-headquartered real estate private equity firm Gaw Capital Partners has raised $1.3bn in the final closing of its fifth Greater China and Asia-Pacific real estate fund.
UBS AM eyes the onshore China market
UBS Asset Management has launched a Hong Kong mutual fund platform, setting sights on distribution into onshore China market, said Markus Egloff, head of wholesale client coverage for Asia ex-Japan.
Amundi joins the China chorus
The firm has become `reasonably constructive’ on mainland equities after multiple years of underweighting China, according to Romain Boscher, global head of equities, based in Europe.
