FSA Income Forum participants in Hong Kong and Singapore say they have a positive or very positive outlook on the global macro economy in the next 12 months.
Category: News
The FSA Spy market buzz – 24 February 2017
Legg Mason hires; Change at Navigator; UBS is doing well; Discretionary thoughts from ICBC and BEA; Vontobel researches; Fidelity vs Blackrock; Contrarians at Schroders and much more.
Lyxor pulls HK retail funds in 2016
FSA takes a look at the mutual funds shut down in the SAR in 2016, led by Lyxor, according to data from Morningstar.
Hong Kong launches 10-year sukuk
The product is the first 10-year sukuk launched by an AAA-rated government, according to the HKMA.
Thai investors pour money into fixed income funds
Equity inflows were $232m in 2016, but fixed income funds reached $21.9bn, almost double that of 2015, according to Morningstar data.
BEA Union launches bond fund, eyes Swiss MRF
Hong Kong-based BEA Union Investment introduces a new Asian bond fund, and shows great interest in the Switzerland-Hong Kong Mutual Recognition of Funds scheme.
China dividends shrink in 2016 on lower profits
Companies in China paid lower dividends in 2016, but Japan and Hong Kong payouts rose, according to a report by Henderson Global Investors.
Survey: HK advisers see fee-based model trend
About 75% of Hong Kong’s financial advisers acknowledge a trend toward fee-based wealth management, according to a Vanguard survey report.
Long view is key to infrastructure investing
Big infrastructure spending announcements aren’t necessarily on the radar of infra fund managers, said Warryn Robertson, portfolio manager of the Lazard Global Listed Infrastructure Fund.
Direct lending strategy pulls in $100m from IIs
As bond yields fall, UK-based alternative investment firm Prestige Fund Management said it has sourced an additional $100m in institutional investor commitments for its direct lending strategy.
