New funds do not need pre-approval, but the number of investors is limited per product for investment management wholly foreign-owned enterprise (IM WFOE) ready to launch their ‘private securities funds’.
Category: News
Quaero brings `family enterprise’ fund to Asia
Geneva-based asset manager Quaero Capital is bringing to Asia its specialist fund that invests in European companies with family shareholders.
CIMB-Principal launches first sukuk Ucits fund
The Irish unit of Malaysia-headquartered CIMB-Principal Islamic Asset Management has launched its first global sukuk Ucits fund.
MAS to reinforce retail investor protection
Retail investors in Singapore will receive greater protection following changes to the Securities and Futures Act (SFA).
Barings names new Korea CEO
Barings has appointed Ike Bae as its new Korea CEO. He replaced Thae Khwarg, who retired in December last year after more than 20 years with the firm.
HSBC’s Maldonado: Not everything is overvalued
It doesn’t make sense to say price-to-earnings ratios are high today compared to historical data, said Bill Maldonado, HSBC Global Asset Management’s APAC chief investment officer.
Fund managers pick China asset classes for 2017
Blue chips in Hong Kong and some A-shares look attractive given the southbound capital flows via Stock Connect and as the MSCI makes a decision on inclusion in June, according to fund managers.
Deutsche WM director joins J Safra Sarasin in HK
Bank J Safra Sarasin has hired Masaki Sugawara as a Hong Kong-based managing director for client advisory.
Singapore account holders must disclose tax residency status
Account holders in Singapore have been told by the taxman to fully cooperate with their financial institutions as they determine the tax residency status of their clients under the Common Reporting Standard (CRS).
The FSA Spy market buzz – 06 January 2017
SAFE squeezes; Aberdeen’s A to Z; SLI likes Chinese tourists; Capital Group gives good news; Don’t believe the brokers; Goldfish outdo humans; Common reporting woes; Mozart and markets and much more.
