New intermediary head at T. Rowe Price, Manulife AM pinches from Schroders, economic outlook gloom in Hong Kong, ETF liquidity deserts, HSBC Gam head relocates and much more.
Category: News
Bosera aims for MRF launch
China-based Bosera plans to bring five funds to Hong Kong via the mutual recognition of funds scheme despite market volatility, currency depreciation and slowing GDP growth in the mainland.
China, Eurozone may be oversold
Against a backdrop of a downturn in global growth, opportunities have emerged in China and advanced economies with positive growth predicted at 3% in 2016, according to Amundi Asset Management.
Opportunities from central bank largesse
Central banks in the US, Europe, Japan and China believe they can address slowing growth with forceful monetary policy action, but that keeps inefficient businesses alive, according to Robert McConnaughey, director of global research at Columbia Threadneedle Investments.
Could ETF takeup surge in Asia?
In Asia, ETFs have trouble gathering assets. But Geir Espeskog, managing director of iShares, believes his firm’s Asia AUM could grow 4x over several years, following a pattern in the US.
The FSA Spy market buzz 28 Aug 15
Aberdeen has (un)timely advertising; UBS and Standard Chartered in less than generous moods; Neptune pulls out of Asia; AB is moving; change at Bank of Singapore; Spy gets corrected and much more!
Why it matters how the fund manager is paid
Issues surrounding performance-linked compensation are important elements in manager selection, gatekeepers say.
Lion Global closes $393m PE fund
The S$550m fund intends to invest in small and medium-sized companies in Singapore, Malaysia, Indonesia and China.
BlackRock signals trend by buying robo-advisor
The world’s largest asset manager said it will buy online wealth management firm FutureAdvisor.
Aviva Investors names Taiwan head
The firm has appointed Lian Yang to head its Taiwan operations, replacing Vina Cheng.