Instead of focusing on growth, the commodity and resources sector now stresses profitability, said Investec’s Tom Nelson.
Category: News
Mirae Asset launches APAC multi-asset fund
Mirae Asset Global Investments (HK) has launched a Luxembourg-domiciled Asia-Pacific multi-asset income fund targeted to institutional investors and high-net-worth individuals.
Morningstar Asia fund reviews and re-ratings – March 2017
Coverage initiated for an Eastspring product; two Blackrock funds placed under review amid team restructuring.
HK fines Coutts HK$7m for AML breaches
The Hong Kong branch of Coutts has been fined by the Hong Kong Monetary Authority (HKMA) for failing in its anti-money laundering (AML) and counter terrorist financing (CTF) checks.
Philippines arrests three Brits over investment scam
Three British nationals allegedly involved in a boiler room scam were arrested in the Philippines on Monday.
What do fund selectors look for in multi-asset funds?
Traditional long-only multi-asset funds provide little diversification in a client’s portfolio, according to wealth managers.
HK retail advisor app tests fund distribution waters
Yunfeng Financial Group’s newly-launched Youyu Robo-advisor enables mutual fund investment on a mobile app, and the firm says a lineup of global asset managers are on board.
Localised Asian markets a hurdle for robo-advisors
Compared with large markets in Europe and the US, Asia’s fragmented landscape makes life difficult for robo-advisors, according to Adam Reynolds, the Asia-Pacific CEO of Saxo Capital Markets.
The FSA Spy market buzz – 07 April 2017
Pimco bounces back; Schroders gets a new look; Spotting bubbles; T Rowe volatility warning; MPF funds are surprising; Kung Fu asset management and much more.
In case you missed it – Market News
This week: Fidelity inks a deal in Saudi Arabia, StanChart launches a training programme, HKMA and PWMA offer student apprenticeships, Rayliant and MAMJ announce new appointments, CFA Institute hosts a fintech summit, and more…
