Ravi Menon will become chief executive officer of HSBC Global Asset Management’s India office.
Category: News
SFC shuts down suspected boiler rooms
Hong Kong’s regulator has frozen a total of HK$600,000 in the bank accounts of three suspected boiler rooms.
Waking the multi-asset giant
For almost two years, CEO Euan Munro has been reshaping Aviva Investors, putting its multi-strategy funds at the forefront of an outcome-oriented approach.
The FSA Spy market buzz – 15 Jan 16
Nevsky exits; Columbia Threadneedle adds two; Hermès bags vs S&P 500; Hugh Young’s wisdom; ‘DBS and Manulife sitting in a tree….’, advertising from NNP, AXA IM and much more!
East Capital shifts China fund to green theme
The emerging markets-focused firm will convert its China equities fund to a thematic environmental strategy product for China.
Morningstar Asia fund reviews and re-ratings – December
Some upgrades for JP Morgan and Schroders; some downgrades for First State and Templeton; in total 15 funds in Asia get rated.
First State shuffles distribution team
The firm’s head of distribution has left for Aberdeen Asset Management and will be replaced by two internal appointments.
Tax changes may boost Korea’s mutual fund industry
The government intends to temporarily waive a 15.4% capital gains tax on overseas equities funds, according to a Cerulli report.
Julius Baer installs head of Southeast Asia PB
Formerly at Credit Suisse, Torsten Linke will be based in Singapore.
The FSA Spy market buzz – 8 Jan 16
Movement at BoS; Standing still at UOB; Margaret Thatcher’s ghost haunts China; BNP Paribas earns some bragging rights; Amundi boasts and much more.