Eastspring, Schroders, Pinebridge and Neptune are among the asset managers aligned in their bullish views on Japan in 2015, citing further improvements in corporate sector earnings on the back of the continued weakening of the yen.
Category: News
Franklin Templeton plucks Schroders exec
Franklin Templeton Investments has appointed Alan Young to head its institutional business in Greater China.
Baring to debut with three HK domiciled funds
Early next year, Baring Asset Management expects to launch three maiden Hong Kong-domiciled funds, a move that will prepare the firm for the eventual mutual fund passport recognition between Hong Kong and China.
The best and worst sectors
Two BRIC countries drove the region’s best and worst performance across all equity sectors in 2014, and one country was the focus of the year’s best-performing fund.
JPM AM Aviva Asia acquisition
J.P. Morgan Asset Management has acquired Aviva Investors’ Asia Pacific Real Estate vehicle.
BNY Mellon hires HKG wealth management
BNY Mellon Wealth Management has hired former Oppenheimer & Co director of investments Vivian Chan to serve as wealth director of business development in Hong Kong.
State Street promotes two
State Street has appointed Wai Kwong Seck, currently the head of the firms global services and global markets businesses in Asia Pacific, to its management committee.
Baring keeps energy exposure
Oil prices have not found a floor, but Baring Asset Management believes the market reaction to the collapse is “disproportionate” to realities in the energy sector and will maintain its exposure.
Citibank sees spike in discretionary business
In Asia, the bank had a dramatic flow into fixed income mandates in the second half due to client uncertainties in regards to the looming US rate hike.
Fund transactions up in Hong Kong
Total transaction value of mutual funds and unit trusts in Hong Kong increased 35% in 2014, while the aggregate value of all product categories was down 8%.
