According to media reports, Torsten Linke, the bank’s managing director and head of relationship management for Southeast Asia, has also quit. A spokeswoman for the bank confirmed Lee’s departure to Fund Selector Asia, but declined to comment on Linke. Lee joined the private bank in August 2011, according to her Linkedin profile. Lee’s previous roles included working […]
Category: News
Investors to recoup $25m from Hong Kong hedge fund collapse
The Securities and Futures Commission has recovered HK$191m ($24.6m) of assets from the Cayman-domiciled Athena Fund, which was a product from asset manager Descartes Athena Fund SPC. “The SFC alleges the Athena Fund was an outright fraud,” said Mark Steward, the SFC’s executive director of enforcement. “Our action to have the assets frozen prevented them […]
BlackRock lists China A share ETF
BlackRock is seeking to capitalise on the reforms in the Chinese market with the listing of its China A-share exchange-traded fund on the London Stock Exchange.
HKEx sets up mainland unit
Preparing for further integration with China’s markets, Hong Kong Exchanges and Clearing has established a mainland division and made two appointments to head the unit.
Franklin Templeton global equity fund in Malaysia
To address the growing investor base in Malaysia, Franklin Templeton Asset Management has launched a domestic feeder fund, which provides access to its global equity product.
Hong Kong equity funds in spotlight
Despite a record-setting, multi-day market rally, valuations of Hong Kong stocks are currently low relative to both global equity markets and to the Hong Kong market historical average, according to FE analytics.
Baring is overweight India and Indonesia
Government reform initiatives in India and Indonesia will likely drive economic growth and benefit investments in specific sectors, according to Baring Asset Management.
Franklin hires head of APAC consultant relations
Franklin Templeton has poached Stephanie Hukins from Hermes Investment Management to manage the firm’s relationships with investment consultants across Asia-Pacific.
EM largest source of global revenue
Global companies derived the highest amount of revenue (30%) from emerging markets at the end of last year, said Shaw Wagener, portfolio manager and chairman of Capital Group International.
Stock Connect buying
Market turnover on the Hong Kong Exchange rose to an all-time high of HK$252.4bn ($32.6bn) on Wednesday, as trading through the Shanghai-Hong Kong Stock Connect surged to its highest level since launching in November.
