The bank confirmed to Fund Selector Asia that Chan has resigned, but said she has not yet left the firm. No further details were disclosed.
Category: News
BNY Mellon puts forward a provocative scenario
Don’t blindly accept the IMF’s “new mediocre” era of “low growth for a long time”. The synchronisation of rising economic growth in the US, China, Japan and India remains a plausible event, according to the bank’s research. BNY’s “G4 scenario” assumes that Japan’s average annual GDP growth is 2% for the remainder of the decade, […]
RWC Partners poaches entire team to start EM business
The London-based boutique investment management firm said it plans an office in Singapore, subject to regulatory approvals, and has set up in Miami. “An extremely unusual set of circumstances allowed us to recruit a fully formed institutional quality emerging and frontier markets investment team,” said Dan Mannix, CEO of RWC Partners. “This comes at an […]
AXA IM, Schroders see more easing in China
The People’s Bank of China on 10 May announced a 25 basis points cut in benchmark deposit and lending rates to 2.25% and 5.1%, respectively. It was the third cut in interest rates since November, when China started easing its monetary policy to combat an economic slowdown. The latest move was in April, when the […]
Chinese banks ink lending arrangement for Russian companies
The idea is to match Chinese credit institutions with high-quality Russian issuers. RDIF and RCIF are exploring an arrangement that would allow Chinese banks to increase the limits on loans and improve access to currency funding for both Russian and Chinese creditworthy companies, the firms said in a joint statrement. Hu Bing, President and co-CEO […]
Stocks are top of list for global investors – Franklin Templeton
About 57% of investors expect stocks to be among the top performing asset classes, followed by real estate (52%) and precious metals (39%). “Many markets around the world have enjoyed strong performance over the past several years,” said Ed Perks, chief investment officer of Franklin’s equity group. “Investors are optimistic, but that may not be […]
Patience needed on India – Invesco
Almost a year has passed since Narendra Modi came into office with the promise of improving India’s long-term economic outlook with much-needed reforms to attract foreign investors, and market sentiment around India has subsequently become significantly warmer. But while investor optimism remains strong – including those who believe the reforms are not even necessary – […]
Is a major correction coming in the China market?
Schroders became the second firm in a week to warn on China’s overheating market after BlackRock said it would be selective and continuously flexible in terms of sector picking and choosing between A-and H-share stocks. Emerging-market assets could be impacted when the US Federal Reserve hikes interest rates, according to a recent research note from […]
Baring launches three Hong Kong-domiciled funds
Slated to officially launch on Thursday, 7 May, the three funds made in Hong Kong are the Baring European Equity Income fund, the Baring Greater China Equity fund and the the Baring Global Multi Asset Income fund. The European income fund, based on an existing Baring fund sold in Japan, was launched locally because of the […]
Robo-investing firm launches in Asia
The firm claims its robo-investing service, in conjunction with Morningstar, will create and automate a professionally-designed portfolio at a fraction of the cost levied by banks and investment advisors. “Today, holding a global diversified portfolio in Asia is complicated and expensive,” Mathias Helleu, executive chairman told FundSelectorAsia. “[Robo advisory services] are going to be a very […]
