Hao Chen was lured over from Value Partners to fill the chief investment officer role at GF International Investment Management in Hong Kong.
Category: News
The FSA Spy market buzz – 03 June 2016
Another exit at Mirae; changes at Credit Suisse, Columbia Threadneedle and Samurai OMGI; GS’s loss is GSAM’s gain; everybody’s hiring, nobody’s making money, and much more.
HSBC sees higher chance of MSCI A-share decision
The June 14 decision by the index provider could send fund flows of $25bn into China’s markets, according to Stephen Kam, senior product specialist for Asian equities at HSBC Global Asset Management.
Risk of China currency intervention growing, Heartwood says
China’s currency depreciation trend playing out in 2016 looks set to continue, according to Jade Fu, investment manager at Heartwood Investment Management.
RBC WM names new Asia head
The firm has named Peter Corry as the head of wealth management for Asia.
Singapore regs help drive fintech
The Lion city is busy building a infrastructure, but Hong Kong can serve as a base for China fintech companies, according to law firm Baker & McKenzie.
Survey: WM way behind digital trend
Wealth management is one of the least tech-literate sectors of the financial services industry, and is falling well behind non-financial services industries, according to a PWC report.
China issues new RQFII quotas
Blackrock, Nomura AM and Avanda IM are RQFII quota recipients after the scheme was expanded by RMB 21.2bn ($3.22bn) in April, according to the latest data from State Administration of Foreign Exchange.
`Limitless’ access to China’s bond market
More details on expanding overseas investor access to China’s interbank bond market (CIBM) were announced, although tax issues have yet to be clarified.
SFC fines firm for failing to identify client
Hong Kong’s Securities and Futures Commission has reprimanded and fined Guotai Junan Securities (Hong Kong) for failing to reveal a client’s identity.
