The firm has ambitious plans to target on and offshore investors in China and sees the asset pool in the mainland growing signficantly, said Rene Buehlmann, head of Asia Pacific and group managing director for UBS Asset Management.
Category: News
China’s WM due for `cleansing’, says Noah WM
The ongoing regulatory crackdown on China’s wealth managers impacts on Noah, but Kenny Lam, group president of Noah Holdings, believes it is a positive in the long term.
Manulife AM adds Singapore fixed income head
Murray Collis joined from Standish Mellon Asset Management as managing director and head of fixed income Singapore.
The FSA Spy market buzz – 19 August 2016
New hire at Principal, M&G debunks ETFs, Bank of Japan buys and buys, Stan Chartered adds a few funds, house price crashes in Vancouver and much more.
Value Partners reports a very tough first half
The China-focused asset manager revealed broad losses across AUM, revenue, net profit and EPS for the first half, while announcing new hires and a UK office.
China’s Noah sets up Jersey managed trust
The Shanghai-based independent wealth manager set up a trust with provider JTC to address the increasing succession planning needs of its mainland HNW clients.
China approves Shenzhen-Hong Kong Connect
China’s regulator has formally approved the Shenzhen-Hong Kong Stock Connect, which was expected to launch last year.
St James Place CIO on acquisitions, opportunities
St James’s Place is taking its pioneering business model to Asia and the Middle East in its next phase of growth, said chief investment officer Chris Ralph.
OMGI hires JPM AM veteran as China head
Old Mutual Global Investors has brought in Richard Mo to develop ties with China’s regulators and distributors as the UK-based firm continues its Asia build out.
Vontobel hires from Pine Bridge for Japan role
In his new role, Naohiko Tabei will target the Japanese institutional market with an emphasis on banks and insurance companies.
