Alex Kwan has resurfaced; Mirae expands their comms team; Damien Mooney is inside an ATM machine; change at Hansard; Allianz roams the city-state; Schroders comes clean on Grace Ho and much more.
Category: News
Hong Kong fund sales plunge
Hong Kong net fund sales dropped by 50% in the first six months of 2015, new figures reveal.
Giving credit to ESG analysis
Including ESG factors when assessing investments can reduce risk and, according to Hermes research, enhance overall fund performance.
PBOC: China to open FX market to foreigners
Yi Gang, deputy head of China’s central bank, said that qualified foreign institutions will be allowed to enter China’s FX market in order to bridge the gap between the yuan’s onshore and offshore rate.
Julius Baer names new APAC head
Jimmy Lee, who spent 11 years at Credit Suisse, will take over as the bank’s Asia-Pacific head in 2016.
DPM a hard road for smaller banks: UBS
Discretionary portfolio management is gaining traction in Asia, but is labour- and cost-intensive, raising challenges for smaller firms, according to Patrick Grossholz, Asia-Pacific head of investment management at UBS Wealth Management.
Financial website test case for HK media openness
Can the Hong Kong government order deletions of public information from media archives? A financial industry news site is the test case.
Morningstar fund reviews and re-ratings
The research firm has issued its July analyst ratings and commentary for four funds available for sale in Asia, with some re-ratings due to factors such as performance and management changes.
Nomura to list 3 ETFs in Japan
Nomura Asset Management will list three exchange traded funds on the Tokyo Stock Exchange on 24 August.
AXA IM hire to expand private bank reach
The firm has appointed Kelly Ng as a director as it looks to expand its coverage of private banking and wealth managers in Asia.
