DB’s poaching woes; Rumour at UBS; Wellington hires; A good year for some; Fund selector promotions; CTCB growing; BNY Mellon takes on multi-asset, hedge fund woes and much more.
Category: News
Hong Kong overweight in Eastspring’s low vol strategy
The strategy, which is overweight Hong Kong equities, aims to meet the demand for a fixed income proxy – stable returns with low volatility – for investors in both Asia and Europe, said William Barbour, head of client portfolio manager at Eastspring Investments.
China – the source of fintech disruption?
Disruption of the fund industry through fintech is likely to come from mainland China, according to ICI Global.
China equity managers change to earnings focus
Chinese equity fund managers have focused on earnings certainty rather than leaning on either old or new economy themes, according to Morningstar.
Japan small-caps beat larger peers
Foreign investors under-own Japanese small caps which in Japan tend to be less volatile than large caps, said Tony Glover, head of investment management department at BNP Paribas Investment Partners Japan.
Report: Chinese investors focus squarely on return
Consultant Z-Ben Advisors believes that if Vanguard were to come onshore tomorrow with its current strategy, it would not have much traction because returns are more important than low fees in China.
HSBC PB senior management moves
Siew Meng Tan is to succeed Bernard Rennell as Asia-Pacific head of global private banking starting next year, while Rennell becomes a senior advisor to focus more on the client side.
More transparency rules for HNWIs
The Common Reporting System — a partnership among various countries’ regulators — will make it more difficult for Asian HNWIs to keep undisclosed money offshore, said Richard Corrigan, interim director of financial services for the Government of Jersey.
The FSA Spy market buzz – 21 October 2016
Robeco hires; Progress at T Rowe Price; Chinese thoughts from Matthews Asia; Maybank’s fund list; Liquid ETFs; Central bank balance sheets and much more.
China GDP growth report raises suspicion
China has reported annualised gross domestic product growth of 6.7% for the third quarter, in line with market expectations and the government’s own forecasts. But market watchers are suspicious about the medium-term outlook.
