Despite weak market acceptance for ETF products, BMO Global Asset Management is launching three Hong Kong-domiciled ETFs.
Category: News
Henderson appoints
Henderson Global Investors has appointed David Bennett as director of institutional sales in Asia, replacing Richard Clarke who recently resigned from his role.
ESG and fund performance
Nordea Investment Management screens investments for environmental, social and governance practices to help determine the new generation of `emerging stars’.
Manulife appointment
Manulife Asset Management (Singapore) has poached UOB Asset Management’s Hui Min Ng to fill the newly-created position of director, Singapore equities.
Mellon Capital appoints Philip Lung division head
Mellon Capital Management, a division of BNY Mellon Investment Hong Kong, has appointed Philip Lung to the newly-created position of Asia Pacific division head.
Interview with Hang Seng’s Belle Liang
Funds that distribute cash or dividend-paying equities remain top of list for private bank clients in Hong Kong, according to Belle Liang, head of investment advisory, Hang Seng Investment.
Hong Kong fines UBS securities advisor
Hong Kong’s regulator has fined a client adviser at UBS HK$400,000 ($51,600) for failing to properly handle a client’s trade orders.
Malaysia Affin Hwang unveils Asia focused UCITs
Affin Hwang Asset Management has launched its maiden UCITS fund, the first Luxembourg-registered fund in Malaysia, according to Esther Thye, chief strategy officer.
Investec granted RQFII licence plans China funds
Investec Asset Management has been awarded an RQFII licence to invest directly into China’s mainland markets, and will launch two new funds focusing specifically on the region.
China property sector
China’s property sector is down 8% this year, and Aviva is making highly selective decisions according to company and city, said Tim Jagger, senior vice president and portfolio manager for fixed income in Asia.
