Asian fund managers have been driven toward social media because of a lack of professional data across parts of the Asian continent, meaning more investors turned to public sources instead. Another finding was that the educated population in Asia was better connected than investors in the US and Europe. The research by Greenwich, a provider […]
Category: News
China and Japan dominate fund flows
Resurgent markets and easy monetary policies in China and Japan helped drive new inflows, with China representing $30.9bn, almost the same as Japan with $30.8bn. Looking at asset classes, concern over volatility likely contributed to the robust capital flows into mixed flexible (mixed asset) products, which accounted for $27.4bn in capital flows. A major […]
Trio of acquisitions fast-tracks Henderson’s pan-Asian growth
The first acquisition sees Henderson acquire Perennial Fixed Interest Partners and Perennial Growth Management from IOOF and each company’s employee shareholders, while the second sees the firm increase its stake in 90 Western Asset Management to 100% from 41%.
China this week – Funds Analysis
Foreign investor demand for A-shares surges Expectations over the imminent linkage of the Shenzhen and Hong Kong markets has intensified investor demand for access to China. Data from the Hong Kong Stock Exchange showed a sudden increase in the demand for RQFIIs tracking A-Shares and ETFs for A-shares. Moreover, the demand for the CSOP SZSE […]
UBS introduces wealth management app in Asia
The firm said the app tracks a client’s portfolio, tests it against critical risk factors and sends a notification when the portfolio deviates from the client’s investment strategy. It was developed in response to increasing client preferences for digital solutions in Asia. “We believe Asian clients are more digital than in other parts of the […]
Baring vs fidelity china fund
Morgan Stanley Investment Management recently warned about a bubble in the onshore market, as the amount of money that inexperienced and first-time investors are borrowing on margin to buy stocks is uncomfortably high. Chinese retail investors are trying to play the valuation gap between China’s A-shares and their identical H-share counterparts listed in Hong Kong. As […]
Huge pile of cash Manulife
Investors across the region rely heavily on cash savings, making it difficult to meet their key financial goals, the firm said. Across Asia, local-currency cash holdings account for a “disproportionately” large percentage of self-reported assets at about 37%. This rises to about 42% if foreign-currency cash holdings are added. Source: Manulife Asset Management The comparatively […]
Top SFC exec quits Hong Kong for UK
The executive director of enforcement at Hong Kong’s Securities and Futures Commission is quitting and will work for the UK Financial Conduct Authority.
China this week – June 2015
AMAC cautions on Shenzhen market The Asset Management Association of China reiterated warnings to asset managers about the ChiNext, a NASDAQ-type board of the Shenzhen Stock Exchange. Valuations of companies on the Shenzhen exchange have soared as investors expect the Shenzhen-Hong Kong stock connect to launch this year. The organisation said asset managers should encourage […]
The FSA Spy market buzz 15 06 2015
Spy has been out with his magnifying glass pounding the streets and eavesdropping on gossip in cafés, but the summer lull has arrived and the world of Asian asset management is getting a little siesta time. Nonetheless, Spy has unearthed a few juicy tidbits on the jobs merry-go-round. Whilst savouring a fine Laphroaig (10-year-old vintage), Spy heard that Heidi […]
