Meeting of the achieved target returns rather than poor fund performance is the key reason that a majority of Asian retail investors sell their fund investments, according to new research from Cerulli Associates.
Category: News
Asian Region Funds passport
The working group of the Asia Region Funds Passport has come out with a set of draft rules to facilitate cross-border funds in the region.
Aberdeen bolsters direct property investment team
Aberdeen Asset Management has appointed William Shaw as head of segregated property mandates in Asia Pacific in a move to strengthen its direct property investment team.
Alpha skills coming under the spotlight
Fund manager performance will be increasingly scrutinised as the investment environment moves into a tougher post-crisis phase, according to separate reports from Mercer and BlackRock.
Global funds end 2014 with outflows
Even as the US and Japan managed inflows, the global fund industry ended the year with net outflows, led by $852bn in investments fleeing Europe, according to data from Lipper.
Hong Kong to boost asset management skills
Hong Kong will allocate $12.9m in an effort to address an acute skills shortage in insurance, asset and wealth management services.
Fierce competition to retain managers in China
Strong growth in China’s $3.9trn asset management industry has resulted in heated competition and challenges in retaining investment talent, according to Cerulli Associates.
PineBridge poaches PIMCO Asia CEO
PineBridge Investments has hired Ana Dhoraisingam from Pacific Investment Management Company for the role of managing director, head of institutional business Southeast Asia.
Plenty of avenues in volatile China
China’s equity markets are expected to be volatile, but opportunities can still be found in select sectors, said Helen Zhu, head of China equities at BlackRock.
Absolute return strategies on selectors radar
Increasing market volatility is prompting fund selector interest in absolute return strategies, according to a survey report by Fund Selector Asia.
