Tourism is going to be one of the most compelling consumer stories to come out of China during the coming decade, according to Macquarie Investment Management.
Category: News
The peculiarities of China bonds
Returns from mainland funds might look attractive to overseas investors, but be aware of the differences in product design and investment style, said Morningstar China director of manager research, Rachel Wang.
The FSA Spy market buzz – 15 April 16
LGT loses and Mornington gains; ghost of marketing past at Fidelity; Parvest gets Brazil right, GSAM is slow in Singapore, and much more.
Deutsche AM cuts EU equities to neutral
If the UK votes to leave the European Union, the strongest impact would be on equities, said Sean Taylor, CIO for Asia Pacific.
JPMorgan chops Asia wealth management workforce by 5%
JPMorgan Chase has cut around 30 jobs at its Asian wealth management businesses in Hong Kong and Singapore, as the US bank increases its focus on a smaller pool of wealthier clients.
Aberdeen in shariah fund launch
The equity fund was launched in Indonesia and will focus on investments in India, Australia and Japan.
Amundi AM debuts ETF in Hong Kong
Amundi Asset Management’s first ETF launch in Asia tracks the biggest Hong Kong-listed companies and has a non-China focus.
Morningstar in research team reshuffle
Morningstar has realigned its manager research team through a series of appointments, including some in Asia.
New Malaysia CEO for Eastspring
Eastspring Investments in Malaysia has hired Raymond Tang as the new CEO.
China’s Huatai buys US-based WM tech firm
Huatai Securities, China’s biggest brokerage by trading volume, acquired California-based Asset Mark for $780m.