An agreement for the Shanghai-London Stock Connect is expected to be signed in September, according to local reports.
Category: News
BSI Singapore names acting CEO
The appointment of Renato Cohn will last until the closing of the merger with EFG International.
Oil ETFs roll out in Hong Kong
Samsung Asset Management, Mirae Asset and CSOP are among the firms planning to launch crude oil ETFs.
SFC bans HSBC’s Chow for life
Hong Kong’s Securities and Futures Commission has banned Andrew Chow Ho-cheung from re-entering the industry for life after he was convicted for fraud and theft.
IMF, ECB defend negative rates
Banks do derive benefits from negative interest rates, which are a net positive for the economy, said José Viñals director of monetary and capital markets at the IMF.
Samsung AM launches Korean target date funds
Samsung Asset Management together with Capital Group launched six target date funds in Korea that promise dividend income and low volatility.
BOS bullish on ASEAN growth
The Bank of Singapore said China’s slowdown has had surprisingly little impact on ASEAN economies.
Mainland IIs buy more onshore funds
In 2015, China’s institutional investors accounted for 56% of onshore China mutual fund assets, surpassing retail investors for the first time, according to Morningstar.
Mainland AMs grow Stock Connect offerings
Mainland investors crave offshore assets, and China-based mutual funds have increased equity buying through the Stock Connect to meet demand, mainland media reported.
SSGA builds ETF team in Asia
Two appointments are aimed at strengthening ETF research and product capabilities in Asia-Pacific.
