Companies with a sound corporate governance culture have significantly outperformed their poorly governed competitors since the beginning of 2009, according to fresh research by Hermes Investment Management.
Category: News
China relaxes RQFII quota rules
The Chinese authorities have eased the quota system and the rules for repatriation of capital for overseas institutions investing in onshore assets.
Hong Kong regulator bans two ex-HSBC advisers for life
Hong Kong’s Securities and Futures Commission (SFC) has banned two former HSBC employees from re-entering the financial services industry for life after they were convicted of fraud.
Hong Kong fintech sandbox exclusively for banks
Hong Kong pushed ahead of Singapore to launch the fintech supervisory sandbox, which allows banks to experiment with fintech solutions without full compliance.
Blackrock launches Asia absolute return fund
The firm has launched the Strategic Funds Asia-Pacific Absolute Return Fund, which aims to exploit the region’s “under-appreciated areas of strength”.
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).
