East Capital has launched a new frontier markets fund focused on “young and fast-growing” markets with an emerging middle class and strong consumption growth.
Category: News
BlackRock what to watch out for
An optimistic consensus about US-driven growth in 2015 seems to have formed across the industry, prompting BlackRock’s strategy guru to cite key potential risks in that picture.
Cerulli on China smaller funds
The China Securities Regulatory Commission’s is cracking down on small “zombie funds”, but a rash of fund terminations remains unlikely, according to Cerulli Associates.
Threadneedle Columbia Management
Threadneedle Investments will, in the first half of the year, rebrand its business as Columbia Threadneedle Investments, a name that represents the combined capabilities of the firm and its US-based affiliate Columbia Management.
India and China appeal to top equity funds
India and China, two of the best performing Asian markets, have emerged as the favored country bets for most of the top performing Asia ex-Japan performing funds in 2014.
Hearing date set for Moodys Red Flag report
A September court date has been set to review Hong Kong’s disciplinary decision against the ratings agency for publishing a report that warned about risks at listed Chinese companies.
JP Morgan Singapore gets RQFII license
JP Morgan Asset Management has received an Renminbi Qualified Foreign Institutional Investor licence from the China Securities Regulatory Commission (CSRC) for its Singapore business.
MG keen on adding India Indonesia debt
M&G Investments is looking to add selective allocations to local currency debt in countries like India and Indonesia, said Claudia Calich, emerging markets debt fund manager.
StanChart to shut equities activity
Institutional cash equities, equity research and equity capital markets are loss-making units that the bank will shed, impacting 200 jobs.
HK regulators in boiler room clampdown
Backed by court orders, the Securities and Futures Commission froze the online activity of three unlicensed securities trading firms alleged to be engaged in fraudulent schemes.
