China’s rapid growth in private wealth is a factor in Shanghai-based Jupai Holdings decision to launch an IPO.
Category: News
VAM offers DFM in Asia
VAM Funds and Close Brothers Asset Management plan to offer discretionary fund management services in Asia, according to Nigel Watson, sales director at VAM Funds.
Wealth management review
Bet on contrarian funds, not the top performers; Asian banks hunting for talent in Europe; Wealth management a drag on Australian banks.
StanChart appoints ASEAN wealth management head
The bank has appointed Sumeet Bhambri as the regional head of wealth management for ASEAN, replacing Chung Shaw Bee, who left the firm on 30 June.
Amundi floats thematic ‘global ageing’ fund
The firm has launched a Hong Kong-domiciled fund aimed at sectors linked to the theme of global ageing.
WisdomTree launches China ex-SOE index
The index excludes state-owned enterprises, providing an alternative to popular China indices, which are typically made up of 70% or more SOEs.
Morningstar buys Japan research firm
Morningstar has bought out Japanese investment and advisory service firm Ibbotson Associates after initially acquiring a stake in the firm in 2006.
HKG tribunal upholds fund house penalty
Hong Kong’s Securities & Futures Appeals Tribunal (SFAT) has backed a decision to fine and reprimand Pride Fund Management for refusing to resolve a financial dispute with a client.
Affin Hwang AM launches Shariah-compliant fund
The Malaysia-based asset management firm has launched a Shariah-compliant retirement product.
JP Morgan AM applies for MRF distribution
The asset manager and its joint venture partner, China International Fund Management, are seeking regulatory approval to participate in the Mutual Recognition of Funds initiative.
