Singapore is to introduce an overnight renminbi liquidity facility to meet the short-term financing needs of financial institutions trading in the Chinese currency.
Category: News
Franklin Templeton vehicle launches blue chip Vietnam fund
Vietcombank Fund Management, which is part-owned by Franklin Templeton Investments, has launched its first open-ended equity scheme, investing in large-cap companies listed on the Vietnam stock exchange.
Pacific Sun lodges appeal with Hong Kong regulator
Andrew Mantel, the director of Pacific Sun Advisors, has lodged an appeal against his conviction for advertising a mutual fund to investors without regulatory permission in Hong Kong.
Nomura Asset Management opens in Dubai
Nomura Asset Management has opened an office in the Dubai International Financial Centre, its first in the Middle East.
Barings plans Hong Kong fund range for early 2015
Baring Asset Management is planning to launch a range of Hong Kong domiciled funds early next year, with a view to selling the range in China.
Malaysia to open asset management industry
Malaysia has announced a raft of measures to strengthen its capital markets, including steps to facilitate the entrance of foreign firms to the local asset management industry.
Vanguard unveils three exchange-traded funds
Vanguard has unveiled three exchange-traded funds in Hong Kong including the country’s first ETF providing investors with exposure to European equities.
BNY Mellon offers Standish global bond fund
BNY Mellon Investment Management and its affiliate, Standish Mellon Asset Management, have launched a global fixed income fund for Australian investors.
Thai investors to complete mandatory suitability
Thailand’s capital market regulator is to make all investment companies ensure clients complete a suitability test before they are allowed to invest in any capital market products.
Natixis strengthens Singapore team
Natixis Global Asset Management has strengthened its wholesale marketing and sales team in Singapore as it looks to register further funds in Hong Kong.