Mainland regulators warned of the risks on guaranteed funds, as they might not be 100% guaranteed due to existing “system deficiencies”.
Category: News
Blackrock brings in Japan CIO
The firm has nabbed Takeshi Fukushima from GI Capital Management to serve as chief investment officer.
Morningstar Asia fund reviews and re-ratings – April
Downgrades for products from Allianz and Pimco; coverage initiated on funds from Aberdeen, JPM, Schroder and UBS.
Principal focuses on MRF platform
Principal Financial Group and CCB expect to launch two southbound funds through the Mutual Recognition of Funds scheme this month.
China relaxes internet finance firm registration
Three types of financial companies are expected to resume registration after a complete suspension on registration of new finance-related firms, mainland media reported.
The FSA Spy market buzz – 13 May 16
Spy talks politics; Aberdeen goes for content; Friends Provident changes; Swiss Life move, make a call DBS; fund managers sexing up numbers; 100-year bonds?; and much more…
Singapore-UK in fintech cooperation
Singapore’s MAS and the UK’s FCA have agreed to cooperate to promote cross-border financial technology development.
Survey: HK fund houses want MRF changes
Hong Kong fund managers want regulators to relax rules on the Mutual Recognition of Funds scheme to boost participation, an industry survey has shown.
A closer look at CIFM’s southbound fund
The Morningstar China research team analyses the CIFM China Multi-Assets Fund, which is sold through the Mutual Recognition of Funds scheme.
Are Chinese properties ‘too big to fail’?
The property sector accounts for a significant portion of GDP and the government continues to prop it up, analysts said.
