Udo von Werne has been hired as CEO of Europe, the Middle East and Africa by Nikko Asset Management.
Category: News
China’s bank loans could cause sharp RMB drop
Recapitalising banks due to non-performing loans could devalue the RMB “in excess of 30% against the US dollar”, according to Hayman Capital Management.
Singapore shipping sector underwater
The waters around Singapore appear to be crawling with ships, but low commodity prices continue to hurt the sector.
Banks file bids for Barclays Asia private wealth unit
DBS Group, OCBC and Julius Baer have reportedly submitted non-binding bids for Barclay’s Asian private wealth business.
Checking in on the multi-asset promise
Multi-asset funds pledge to mitigate volatility. How have they fared this year as global markets tanked?
The FSA Spy market buzz – 12 Feb 16
Exit at Pictet; New head at Barings; Relocations at Aviva Investors and Amundi; Product rumours at HSBC GAM; Negative yields; PGIM in lights; Lehman Brothers Whisky and much more.
SFC to permit some high risk ETFs
Hong Kong’s regulator has announced plans to allow a limited range of leveraged and inverse products, which are effectively higher risk exchange traded funds, to be sold to the public.
Thailand’s SEC goes after two Brits
In separate incidents, Thailand’s Securities and Exchange Committee has filed criminal complaints against two British nationals accused of operating securities businesses without a licence.
India’s rise highlights China’s challenges
India this week reported 7.3% GDP growth for Q3, overtaking China, which had 6.8% growth during the same period.
Happy Chinese New Year from Last Word
On Chinese New Year 2016, the year of the fire monkey, the team at Last Word in Asia sends best wishes to all our readers.
