Hong Kong’s Securities and Futures Commission is proposing to relax rules on determining whether a person is a HNW professional investor.
Category: News
China’s Jupai reports earnings growth, new US office plans
Jupai and Noah, the two US-listed Chinese independent wealth managers, reported net profit gain over 35% and 20% respectively.
Are Asia’s HNWIs warming to hedge funds?
High fees and poor performance have been linked to hedge funds, but James Cheo, Bank of Singapore’s investment strategist, believes that’s about to change.
Asia’s long road to DPM
Wealth managers in Asia often find that even as their clients seek advice, they don’t really want to give up control of their portfolio, said Richard Mak, head of advisory services at Pictet Wealth Management Asia.
Jupai loses co-founder and director
Top execs are being reshuffled as Wesley Weishi Yao, co-founder and COO of the US-listed Chinese wealth manager resigns along with an independent director.
Distribution a challenge for ETFs in China
Fees and distribution, as well as investor education, are cited as the biggest hurdles for ETF sales in the mainland, said panelists at a Hong Kong Investment Funds Association event.
China grants quotas for four AM firms
Pioneer Asset Management was among the firms that received an RQFII quota for the first time in February.
A high yield play on the credit rating mismatch
The way that rating agencies give credit ratings opens opportunity for short-dated high yield bond investors, said Charles Martin, portfolio specialist at Insight Investment, a subsidiary of BNY Mellon.
Harvest Global reveals international expansion plans
Several senior hires on the sales and business development side are part of the China-based firm’s wide-ranging effort to drive cross-border investment.
Invesco: India’s currency ban benefits branded companies
The share price of many big brand name companies improved after the controversial currency ban in November, said Shekhar Sambhshivan, portfolio manager of the Invesco India Equity Fund.
