The firm has launched the Strategic Funds Asia-Pacific Absolute Return Fund, which aims to exploit the region’s “under-appreciated areas of strength”.
Category: News
JP Morgan sets up China’s first AM WFOE
The asset management wholly foreign-owned enterprise (AM WFOE) is expected to have wider business scope than the three investment management WFOEs approved earlier.
Top moves at UBS WM in Asia
After four years in Asia, Patrick Grossholz will relocate back to the bank’s Switzerland headquarters to serve in a global role.
China bank PB activity slows in 1H
Assets under management at the private banking units of 10 key mainland banks grew an average 13.5% in the first half of this year, after an explosive surge in 2015.
Morningstar Asia fund reviews and re-ratings – August
Mainly due to management team issues, products from Aberdeen and Parvest get downgraded and a Fidelity fund is placed under review.
More protection to be offered to wealthy Singapore investors
Wealthy investors in Singapore may soon be able to choose to be covered by the same protections as retail investors under proposals from the Monetary Authority of Singapore (Mas).
New CEOs for Falcon PB and BNPP IP Singapore
Walter Berchtold will lead Falcon Private Bank and, separately, Christian Bucaro has become Singapore CEO for BNPP IP.
Banking and finance hiring boom in the Philippines
The Philippines stands out in Southeast Asia in banking and financing hiring, highlighted by the latest expansion at Julius Baer.
The FSA Spy market buzz – 02 September 2016
BNPP IP promotes; South China and Manulife hires; Alts voting; EM reminders; Hedge fund billionaires; Rebranding and much more.
Investors piled into EM for wrong reasons – Hermes’ Greenberg
Investors have jumped into emerging markets for the wrong reasons, according to Hermes Investment Management’s Gary Greenberg, and with the strong possibility of a Federal Reserve rate hike, he predicts it is only a matter of time until they realise they have had their dessert before the main meal.
