As China and Hong Kong unlatch the gate for cross-border fund distribution, regulatory changes in markets such as the Philippines and Malaysia are also opening for retail mutual funds, according to Cerulli Associates.
Category: News
Northern Trust names Southeast Asia head
The firm has appointed Rohan Singh to head its Singapore and Southeast Asian business.
Asset manager IPOs raise questions for gatekeepers
After a fund house goes public, attention to its own stock price could detract from managing funds for clients, according to industry sources.
HK fund management business hits record $2.2bn
Hong Kong’s combined fund management business rose 10.5% last year to reach a record high of HK$17.68bn ($2.2bn), with a strong contribution from global investors, according to an SFC survey report.
HSBC GAM launches global dividend fund
The fund’s equity income strategy aims for investments in companies with dividends and the promise of capital appreciation.
Capital Group fund to invest in budding multinationals
The firm plans an Asia launch of its Luxembourg-domiciled global equity product that invests in blue chip companies with the potential to become global leaders.
Europe’s IM Square courting `powerful’ Chinese partner
IM Square, which supports boutique asset management firms in expanding their business, is in talks with a potential Chinese shareholder, said Philippe Couvrecelle, founder of the firm.
UTI International rolls out India fund
The Ireland-domiciled vehicle is aimed at institutional investors who wish to access India’s equity market.
First State broadens Asian offering with fund trio
First State is to launch a trio of Asia funds as it seeks to establish the reputation of its new Stewart Asia team.
The FSA Spy market buzz 17 07 2015
Change in wholesale distribution at UBS GAM, TransAmerica and Generali and (maybe) in marketing at Schroders; new advertising from Aberdeen and Henderson and more.
