US and Asian equities are preferred when investors’ risk appetite improves, said JP Morgan Asset Management global market strategist Ben Luk.
Category: News
Alts manager sets up in Hong Kong
US-based AQR Capital Management will focus on sales and client servicing while evaluating China’s investor base.
CS: Capacity cuts boost China’s commodity sector
Commodity prices have rebounded since the start of the year and A-share commodity stocks are expected to outperform in the third quarter, Credit Suisse said.
China’s HNWI urged to diversify offshore
Chinese high net worth investors need to allocate assets overseas to hedge country and currency risks, experts said in a forum held in Shanghai.
Ex-Blackrock credit manager jumps to Thirdrock
The Singapore-based asset and wealth management firm has brought in Suanjin Tan as senior portfolio manager.
China’s regulator probed 350 AMs
The Asset Management Association of China has completed 69 enforcement requests since last July, which involved 349 firms totaling 1585 products, including four mutual fund houses.
OMI targets shunned US expat segment
The firm aims to distribute a US expatriate-focused “wrapped international pension” product through private banks and family offices.
China’s PBs grow AUM as global banks slow
Asia-based private banks grew AUM 17% on average last year versus a 1% drop globally, according to a recent report by Scorpio Partnership.
SFC: Hong Kong has lowest PE globally
Hong Kong-listed mainland stocks dropped hard in the first half, pulling down the Hong Kong market, according to the half-year report by Securities and Futures Commission.
Global ETF/ETP assets hit new high
Assets invested in exchange-traded funds and exchange-traded products listed across the globe reached a record high of $3.2trn at the end of June, according to ETFGI.
