Mercer has expanded its “delegated investment solutions” business into Singapore, targeting institutional investors with demand for alternative investments.
Category: News
UBS prefers equities to bonds
The bank has tactical overweight positions on equities and prefers US equities relative to high-grade bonds.
Value Partners profit slumps on poor performance
Does Value Partners’ fund performance justify its tanking stock price, net profit and assets under management since the A-shares crash in the second half of last year?
Local currency EM debt downturns to continue
The local currency emerging market debt is currently having an “exceptionally long period of underperformance”, according to Simon Lue-Fong, Pictet AM’s head of emerging market debt.
Investors cool toward BOJ-promoted ETFs
Investors are not convinced that exchange-traded funds tracking Japanese companies that invest in human capital, as promoted by Bank of Japan, are attractive.
UBS likes defensive sectors for China equities
A-shares have been range bound, but supply-side reform progress and the expected link between the Shenzhen and Hong Kong markets present tactical opportunities, the bank said.
Hong Kong firms seek alts growth through merger
Carret Private Investments intends to merge its Hong Kong private wealth management business with QL Asset management in hope of expanding the asset base in alternatives.
ICBC-Axa set up mainland AM firm
Two more insurer-backed asset management companies have been approved in China, making a total of 26 firms.
The FSA Spy market buzz – 8 July 16
Cazenove gets a new head; T. Rowe Price adds; Citibank’s non-deal; UBS allocations; CSAM a rising giant; Property lemmings; Brexit excuses and much more
Asia-Pac fund sales beat developed markets in 2015
In 2015, net sales of regulated funds in Asia-Pacific for the first time outpaced sales in Europe and the Americas, according to data from the Investment Company Institute.
