Momentum Global Investment Management has received approval from the Securities and Futures Commission to sell its Luxembourg domiciled Ucits fund range to retail investors in Hong Kong.
Category: News
SRC plans professional investor regime overhaul
Hong Kong’s Securities and Futures Commission (SFC) has begun a three-month consultation on proposals to overhaul the regulations governing its professional investor regime.
Aberdeen Young soft closure for Asia Pacific fund
Singapore-based Aberdeen veteran fund manager Hugh Young has warned that a sudden $5bn inflow to its Asia Pacific strategy could force its flagship $10.3bn Sicav fund to soft close to new business.
Number of advisers in Hong Kong hits record high
The number of licensed intermediary companies in Hong Kong reached a record high this year, according to figures from the local regulator’s annual review.
PWC Singapore to overtake Switzerland in two years
Switzerland is losing ground to Singapore as an international finance centre, with new wealth centres including Dubai, Miami and Hong Kong also upping the competition, a new survey says.
Asia Frontier Capital buys Leopard Capital
Thomas Hugger, who had been a fund manager and a managing partner of Leopard Capital, has acquired Leopard Capital Management, Leopard Capital (Hong Kong), and the Leopard Asia Frontier Fund.
HK council OKs significant trust law amendment
In what has been described as a bid to boost the competitiveness of Hong Kong’s asset management industry, Hong Kong’s Legislative Council has approved proposed amendments to the jurisdiction’s trust laws.
MAS says Singapore assets leap in 2012
It’s not exactly a secret that Singapore is increasingly becoming Asia’s wealth management centre of choice as well as the choice of growing numbers of individuals living in many other corners of the globe and this was reinforced today in a wide-ranging report by the city-state’s regulator.
Legal IM starts Asia Paciific institutional ops
Legal & General Investment Management has launched an institutional Asia Pacific business based in Hong Kong.
HK asset managers mark record year in 2012
Fund management assets in Hong Kong were 40% higher at the end of last year than at the end of 2011, according to figures released by the Securities and Futures Commission today.
