Eyeing the growing opportunities in the Islamic investment space, Threadneedle Investments today announced its foray in the Malaysian market with plans to offer Shariah-compliant products.
Category: News
EM heavyweight Mobius taken down
Take two monumentally respected fund managers, managing two equity regions equally mistrusted by investors, and get them to fight to the death.
Chinese managers lobby against foreign investors
Mainland China’s fund groups have clubbed together to lobby Beijing against expanding the renminbi qualified foreign institutional investor (RQFII) scheme, according to reports.
Flab 2 asset allocation funds in Singapore
Financial LAB is moving its products into the South East Asian market, registering two specialised investment funds for sale to accredited investors in Singapore.
Legg Mason closes down EM specialist
Baltimore-based Legg Mason has chosen to wind down boutique subsidiary Esemplia Emerging Markets‚ which had about $500m in assets and employed 25 people.
Wells Fargo AM increasing subfunds in Singapore
Wells Fargo Asset Management has made many of its sub-funds available in Singapore for the first time through two of that country’s largest third-party mutual fund distribution platforms: iFAST and PhillipCapital.
Henderson hires new head of retail for Singapore
Henderson Global Investors has appointed Wong Hur Ming as head of retail sales, Singapore.
Nikko hires seniors as it expands in Asia
Nikko Asset Management has made a number of senior hires as part of its Asian growth strategy.
Matthews Asia launches complement to gem giants
Matthews Asia has unveiled a Ucits-compliant version of its smaller companies strategy, available in the US since 2008, billing it as fund to complement investors’ existing large cap exposure to Asia ex-Japan.
Gem and global equity outflows hit Aberdeen aum
Assets under management at Aberdeen Asset Management dipped 3.8% in the third quarter of the year after the group saw outflows from its equity range, particularly its emerging market franchise.
