Standard Chartered Private Bank has hired Christian Mueller as global head of investment advisory as it expands its wealth management business.

Standard Chartered Private Bank has hired Christian Mueller as global head of investment advisory as it expands its wealth management business.
As emerging markets continue to splinter it is time to take an active position, says Wells Fargo’s Anthony Cragg. Right now his focus is on China, where he believes the greatest EM opportunities lie.
Long-term structural growth and low valuations make emerging markets appealing relative to developed markets, according to Capital Group, but stock-picking skills will be critical.
The firm said it has become the first asset manager in Germany to receive a Renminbi Qualified Foreign Institutional Investor (RQFII) license, which will enable it to invest in mainland securities.
Fund advertisements can be issued to the general public even if the issuer only intends to sell the product to professional investors, according to Hong Kong authorities.
RBC Wealth Management has added to its Singapore-based team by hiring two senior relationship managers from UOB.
Smart beta strategies, effectively quant strategies, have traction in Europe but in Asia the appeal is not as clear, according to Gregor Andrade, a principal at AQR Capital Management.
The firm has hired Simon MacKinnon as Asia strategy adviser to support the regional expansion of its asset and wealth management units.
First State Investments has decided to split First State Stewart into two in a bid to retain its flexible investment approach.
Falling oil prices and the adoption of reform agendas means Asia could soon account for three-quarters of the MSCII Emerging Markets Index, said Catherine Yeung, investment director for Asia ex-Japan equities at Fidelity Investments.
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