A Chinese inquiry team has visited the offices of Morgan Stanley Huaxin Securities in Shanghai to further an ongoing investigation into a former official who was held in August on suspicion of taking bribes, the Financial Times has reported.
Category: News
Franklin appoints head of investment solutions in Asia
Franklin Templeton has appointed Steven Moeller as head of investment solutions in Asia to expand its multi-asset propositions in the region.
Asia passport schemes a challenge to UCITS
Asia’s various fund passport schemes present a longterm challenge to the dominance of UCITS funds, which make up the bulk of products for sale in Asia.
Should shrewd bond managers prepare for a shock
The volatile mix of global divergence in monetary policy and some highly charged geopolitical hotspots should give fixed income fund managers plenty to think about over the coming weeks.
Asian pension fund declines
Depreciation of the Japanese yen and a bias toward Asian equities were factors in the decline of Asian pension fund assets last year.
Ashmore unveils trio of China-focused funds
Ashmore has unveiled three China-focussed funds that aim to invest in China’s onshore equity and fixed income markets using its RMB Qualified Foreign Institutional Investor (RQFII) license.
ABN AMRO gets new PB head in Asia
Hans Hanegraaf has been appointed country executive at ABN AMRO Singapore and head of private banking Asia & the Middle East, replacing Hugues Delcourt, who recently resigned after three years in the position.
VAM unveils frontier markets fund
VAM Funds has launched a frontier markets product that aims to tap the potential growth of companies operating in 33 frontier market countries.
BNP Paribas IP appoints Moorrees as HK CEO
BNP Paribas Investment Partners has appointed Tino Moorrees as chief executive of Hong Kong from today.
Alibaba IPO
The September IPO of China’s ecommerce giant Alibaba is expected to be the largest in US history, but it could have a negative impact on many companies in China’s internet sector, said Yue Yao, senior equity manager at Morningstar in China.