Spy in Brexit shock, GAM survey turned on its head, Samsung on a taxi and not much more.
Category: News
FE sets allocation for volatile 2016
An increase in fixed income is among the most recent tactical allocation changes in the FE Advisory Asia model portfolios.
BCG: Chinese offshore allocation to hit $2trn by 2020
Market volatility, interest rates and yuan depreciation are driving Chinese investors into offshore investments, said David He, partner and managing director of Boston Consulting Group.
Hong Kong keen on more RMB products
Satisfied with the stock connect and MRF initiatives, the SFC now wants to bring in more complex China products, according the Hong Kong regulator’s annual report.
India’s `RRexit’ more of a ripple
Fund managers believe the departure of Indian central banker Raghuram Rajan, or “RRexit”, will have little impact because he set the economy on the right course. But mid-term risk could rise.
Volatility ramps up among top UK funds
Even the top five performing UK equity funds in Asia have lower performance and higher volatility than last year as the Brexit vote nears.
Thirdrock Group hires from JP Morgan
The Singapore-based investment management firm has named Eric Goh as investment strategist and senior client advisor.
CSRC to permit retail sales of mutual fund of funds
Mutual fund-of-funds are expected to roll out later this year after the release of a consultation paper from the China Securities Regulatory Commission.
Path cleared for `widespread’ foreign ownership of AM firms
Hang Seng Bank’s majority stake in a mainland fund house signals a relaxation of rules governing foreign ownership rules in the financial industry, said Z-Ben Advisors.
Brexit would hit China’s plans for yuan
China does not want Britain to leave the European Union for a variety of reasons, analysts said.
