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Category: News
European fund selectors warm to Asia
Concern over risk in China is easing, prompting European and UK fund selectors to inch up their exposure to Asia.
HK fund managers favour Japan equities
Hong Kong fund managers currently favour Japanese and US equities, while they have become more cautious on European markets, according to a recent survey.
Singapore not gaining from illicit flow
Singapore has put in place measures to prevent fund flows linked to anti-money laundering and tax avoidance from jurisdictions such as Switzerland, Monetary Authority of Singapore managing director Ravi Menon has said in an interview.
BlackRock appoints new head of private bank and client development in Asia
BlackRock has hired a former UBS Securities chief executive as its head of private bank business and strategic client development in Asia, excluding Japan.
BNY Mellon hires new Japan country executive
BNY Mellon has appointed Douglas Hymas as country executive for Japan and general manager of the company’s Tokyo branch.
Aberdeen sets sight on multiasset growth
Multi-asset management is an area set to grow, according to Aberdeen Asset Management’s chief executive Martin Gilbert.
A new world order
Since the Bretton Woods agreement in 1944, the worlds economic order has been US-led, highlighted by Washington being the location for global institutions such as the International Monetary Fund (IMF) and the World Bank.
Morgan Stanley names Nolan as head of Asia
Morgan Stanley has appointed Michael Nolan to the newly created role of head of long-only Asia fixed income.
Threadneedle adds further fund to DBS Bank
Threadneedle Investments has signed a distribution agreement with Singapores DBS Bank, giving DBS customers access to a further fund through the banks platform.
