Having a toolkit broader than pure arbitrage and pure spread deals can add alpha throughout the cycle for merger arbitrage funds, said Lawrence Jones, managing director and head of Paulson Asia, an affiliate of Schroders.
Category: News
Mirae hires four analysts in the US
Mirae Asset Global Investments has hired four analysts as the South Korean firm expands its global equity research team in the US.
The FSA Spy Market Buzz – 11 Sept 2015
Mandates are all the rage at UBS; new advertising from Pictet, BNP Paribas and Nikko; fund discounts at OCBC; speculation at Stan Chartered; successful fund managers under 40 and much more.
Mixed asset sees huge capital inflows
In Asia, first half figures from Strategic Insight show $192bn flowed into mixed asset funds and total new net flows doubled compared to the same period last year.
Jupiter’s Pearson replaces Chatfeild-Roberts as CIO
Jupiter Asset Management’s Stephen Pearson has succeeded John Chatfeild-Roberts as chief investment officer.
Amundi AM enters Malaysia with feeder funds
Amundi Asset Management announced its entry into the Malaysian market with the launch of two wholesale feeder funds – the Amundi Bond Global Aggregate Fund and the Amundi International Fund. These feeder funds track the Amundi Funds Bond Global Aggregate and First Eagle Amundi International Fund.
StanChart Singapore appoints Judy Hsu its new CEO
Standard Chartered Bank Singapore has appointed global wealth management head Judy Hsu as its CEO, effective 1 October.
BlackRock gets new QFII quota
The additional QFII quota takes the total amount allocated to all BlackRock entities to $1.25bn.
Glimpses of silver lining in US equities
Despite growing investor pessimism, positive market fundamentals in the US remain intact – supported by low interest rates, tame inflation and comfortable valuations, Tristan Camp, investment specialist of Legg Mason Global Asset Management said in an interview with Fund Selector Asia.
Capital Group: China turmoil is correction, not crisis
As worries over China rippled through global market, two senior portfolio managers at Capital Group share their view on China.