Ex-Aussie superfund CEO Chris Durack has assumed the newly-created role of head of distribution in Hong Kong.
Category: News
CPF swaps out Morningstar for Mercer
After eight years using Morningstar to support due diligence for its fund selection, Singapore’s Central Provident Fund Board has switched investment consultants to Mercer.
OPINION: London vs Hong Kong – out of the frying pan…?
Even by the very nature of its name, HSBC has always been the most Asian-facing of the multinational super banks, so why does it want to extend its stay in London?
Nikko gets EMEA chief from Pictet
Udo von Werne has been hired as CEO of Europe, the Middle East and Africa by Nikko Asset Management.
China’s bank loans could cause sharp RMB drop
Recapitalising banks due to non-performing loans could devalue the RMB “in excess of 30% against the US dollar”, according to Hayman Capital Management.
Singapore shipping sector underwater
The waters around Singapore appear to be crawling with ships, but low commodity prices continue to hurt the sector.
Banks file bids for Barclays Asia private wealth unit
DBS Group, OCBC and Julius Baer have reportedly submitted non-binding bids for Barclay’s Asian private wealth business.
Checking in on the multi-asset promise
Multi-asset funds pledge to mitigate volatility. How have they fared this year as global markets tanked?
The FSA Spy market buzz – 12 Feb 16
Exit at Pictet; New head at Barings; Relocations at Aviva Investors and Amundi; Product rumours at HSBC GAM; Negative yields; PGIM in lights; Lehman Brothers Whisky and much more.
SFC to permit some high risk ETFs
Hong Kong’s regulator has announced plans to allow a limited range of leveraged and inverse products, which are effectively higher risk exchange traded funds, to be sold to the public.
