The Hong Kong government has begun a three-month consultation for introducing open-ended fund company structures (OFCs).
Category: News
Robeco to expand aAsia operations office in Singapore
Netherlands-based investment manager Robeco is planning to start an office in Singapore to focus on sovereign wealth funds and key accounts.
Fullerton makes 3 hires equity investment team
Fullerton Fund Management has strengthened its equities investments team with three key hires and also has plans to launch new funds.
HK regulator waives fees for 2 more years
The Hong Kong capital market regulator has waived the annual licensing fees for another two years, and says it sees this move benefitting 39,000 intermediaries.
Nikko AM hires Schroder Clark for multiasset role
Nikko Asset Management has appointed Schroder Investment Management (Singapore)s Al Clark to a newly created role of global head of multi-asset as part of the fund houses strategy to bolster its product line up using multi-asset strategies.
DBS to buy Singapore Asia private banking unit
DBS Bank has agreed to acquire the Asian private banking business of Société Générale in Singapore and Hong Kong, a move that will boost the assets of Singapores biggest bank by 20%.
Emerging markets again on manager radars
Fund managers are exploring various investment strategies in both equities and fixed income space to boost return and insulate portfolio from market volatility amid rising interest rate and moderate economic growth scenario.
Few products hindering Shariah funds in Malaysia
Even as growing numbers of multi-national asset managers are moving to set up shop in Malaysia, as they prepare to tap into the demand for Islamic fund management, an informal poll of market participants suggests that the industry’s growth is being stymied by a lack of product innovation and range.
MNG Investments receives Hong Kong license
M&G Investments, a subsidiary of UKs Prudential, has received a license from Hong Kongs capital market regulator to expand its marketing activities to professional investors.
Matthews Asia recruits China spokesman
Emerging markets house Matthews Asia has recruited Andy Rothman as an investment strategist focused on Chinas economic and political developments.