A downgrade for an Aberdeen fund, an upgrade for Templeton and coverage initiated on several others.
Category: News
Singapore charges Falcon PB official
Swiss national Jens Sturzengger has become the first westerner to be charged by a Singapore court as part of the investigations into the 1Malaysia Development Bhd (1MDB) money laundering scandal.
China’s currency a rising concern in 2017
RMB depreciation is posing risk for both equity and fixed income investment, sources said.
HSBC PB equity targets: low exports, high earnings
Domestic consumption and services companies in China, India and Indonesia are attractive as potential trade barriers loom, said Fan Cheuk-wan, HSBC Private Bank head of investment strategy in Asia.
Fidelity’s WFOE obtains first private fund license in China
The firm will be allowed to create onshore investment products for eligible Chinese institutional and high-net-worth investors, and UBS AM is expected to follow.
Korea’s political turmoil makes managers wary of equities
Political scandals, corporate governance issues and the potential impact of Donald Trump’s trade policies prompt caution on Korean equities.
Three firms granted new RQFII, QFII quotas in December
UBS SDIC, Eugene Investment and Allianz are among the firms that were granted investment quotas in December.
Amundi’s Mortier warns on US equities
US equity valuations have become expensive on a price-to-earnings basis and investors are urged to stay away from them, according to Vincent Mortier, Amundi Group’s Paris-based deputy chief investment officer and global head of multi-asset.
Templeton’s Mobius: frontier markets growing faster than EMs
Frontier markets are growing at a much faster pace than emerging markets, according to Mark Mobius, executive chairman of the Templeton emerging markets group.
HK allows broader use of indices for L&I ETFs
Starting January 9, issuers can apply for listings of leveraged and inverse ETFs tracking all broad-based indices except mainland China- related indices, Hong Kong’s Securities and Futures Commission said.
