Eastspring Investments, under Prudential’s asset management arm in Asia, has appointed Alan Artyun as head of investment services effective March 14.
Category: News
Returns on China’s WM products to shrink
A lack of quality investment targets will pose a challenge for Chinese wealth managers this year, a new report by Cerulli Associates said.
The FSA Spy market buzz – 1 Apr 16
Julius Baer adds to discretionary team; CCB International is going Lion; April Fool’s Day rumours about DBS and StanChart; First quarter write-off; BlackRock is axing; Krung Sri looking for Long Short, Back Families says First State; Allianz and Maybank advertising; and much more…
Taiwan hires 7 managers for fund mandates
The new managers are appointed for a total of $5.3bn in global multi-asset and Asia-Pacific mixed-equities investment for the new and old Labor Pension Fund, the Labor Insurance Fund and the National Pension Insurance Fund, Ignites Asia reported, citing Taiwan’s Bureau of Labor Funds.
Asia the top region among dwindling global fund inflows – Morningstar
Asia showed the strongest organic growth of fund inflows at 18.6% among the regions analysed by Morningstar in its annual research paper on flows.
HSBC GAM sees growth in China’s property sector
The sector has a strong outlook supported by the country’s policies.
Hong Kong to see strong growth in leveraged and inverse ETFs – Cerulli
Leveraged and inverse Exchange-traded Funds, which are expected to be launched in Hong Kong later this year, are likely to boost trading in ETF products in the territory, according to research firm Cerulli Associates.
Hong Kong watch retailer to buy Liechtenstein private bank
The Liechtenstein-based private banking arm of Swiss firm Valartis Group is being sold to Hong Kong luxury watch retailer, Citychamp Watch & Jewellery Group.
China Post Global buys European Exchange Traded Funds from RBS
China Post & Capital Global Asset Management has acquired 10 Europe-listed ETFs from Royal Bank of Scotland as RBS continues its strategy of selling its non-core UK businesses.
Fidelity: Consumer sector in developed markets offer opportunity
The consumer sector in developed markets is liable to be “the incremental driver of growth” in 2016, Fidelity International said.
