Eastspring Investments has appointed Phil Stockwell to serve as Singapore chief executive.
Category: News
HK suspends BOCOM Intl broker
The SFC suspended Ku Yuen-leung, an account executive at BOCOM International Securities, for manipulating stock prices.
China’s regulator continues fund house crackdown
The China Securities Regulatory Commission put 73 private fund firms under administrative supervision measures in the first half of this year after illegal or irregular activities were found.
EM equities see rapid rise in retail flows
Flows into emerging market funds over the last three months show a big increase, with the notable exception of China-only investments, according to retail investment platform Rplan.
UBS AM sees $3.5trn flowing into China fixed income
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.
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.
