Shanghai-based China Universal Asset Management has established a Luxembourg SICAV from which it plans to launch a series of UCITS funds in the coming months to give European investors access to the Chinese capital market.
Category: News
BMO appoints Chan as Asia PB head
Monique Chan, former chief executive for Edmond de Rothschild in Hong Kong, has joined BMO as CEO for its private banking business in Asia.
Chinese wealth manager in pact with UBP
Noah Holdings has entered into a pact with Union Bancaire Privée as both firms aim to grow their cross-border businesses.
The FSA Spy market buzz 31 07 2015
New alternatives specialist fund selector at StanChart; changes at HSBC PB and GAM; another move to Standard Life Investments; new sales person for VAM and more.
SFC fines Nomura for regulatory breach
Nomura International in Hong Kong has been fined after it failed to disclose that a trader had caused a $3.3m trading loss by making false entries in its risk management systems.
Legg Mason to buy infra asset manager
The firm has agreed to acquire a majority stake in Sydney-headquartered RARE Infrastructure, aiming to expand its offerings in liquid alternatives.
Thailand opens to higher yielding products
Thailand’s Securities and Exchange Commission said that it intends to permit the launch of offshore hedge funds and junk bond funds later this year.
Should fund managers have skin in the game?
Allocators and influencers in Asia take a positive view of managers who invest in their own funds – up to a point. Among them is Bryan Goh, Bordier’s chief investment officer in Singapore.
SLI hires two multi-asset specialists
Standard Life Investments has poached two professionals to serve as investment directors for its global investment specialist team.
GF launches A-share ETF
China-based GF International Investment Management said it will launch Asia’s first ETF that tracks the MSCI China A International Index.
