Doug Walls will serve in the newly-created role of product development head for Asia-Pacific and Japan, the firm said.
Category: News
Asia’s $62.4bn outflows into RE set record high
In 2015, Asian outbound real estate investment soared 37% year-on-year as investors seek alternatives in a low yield environment, according to CBRE Asia-Pacific Research.
China has a credit problem and it knows it
Anybody who says that China doesn’t have a credit problem is lying because when that much credit is pumped into the system there is no way that every single loan is a sound investment, according to Schroders’ head of Asian equities Singapore, Lee King Fuei.
SFC swaps out an executive director
Hong Kong’s Securities and Futures Commission has appointed Julia Leung as executive director of its intermediaries division.
The FSA Spy market buzz – 26 Feb 16
M&G goes equity; Nordea AM comes of age; Buffet wisdom vs Buffet performance; Navigator vs iFast; Global debt in real time; Brexit and the movies; PIMCO and Google; and much more.
Another look at the fragile five
Market volatility in the five vulnerable economies was muted during December, when US interest rates were raised.
Two Swiss private banks agree deal to build global giant
Zurich-based private bank, EFG International, has agreed a deal with Brazilian bank BTG Pactual to buy its Lugarno-based private banking unit BSI, one of the oldest Swiss banks, for about CHF1.33bn ($1.34 bn, £940m) in cash and stock.
Templeton liquid alts targets Singapore retail base
Regulators have permitted the firm’s liquid alternatives fund to cut the minimum investment to less than S$1000.
Head of China’s CSRC removed
Xiao Gang, head of the China Securities Regulatory Commission, has been replaced after overseeing a period of wild swings in China’s domestic markets.
Second property-backed Chinese asset manager defaults
Xin Qi, a Chinese asset management firm backed by property projects, has defaulted on CNY1.9bn (£203m, $291m, €261m) worth of investments, affecting thousands of retail investors across mainland China.
