Very much ‘the’ story of 2023, this year has proved to be more challenging for these mega-cap stocks.
Category: News
BlackRock: Market concentration does not imply fragility
The world’s largest asset manager said mega-cap tech firms have “unmatched resources” to stay ahead in the race to build out artificial intelligence.
Lion GI partners with China Merchants FM for ETF launch
The new ETF will list on SGX in December and also a feeder ETF on the Shanghai Stock Exchange by March 2025.
The FSA Spy market buzz – 22 November 2024
Dimensional excludes the Middle Kingdom; JP Morgan’s optimistic outlook; Household wealth is rocketing; Schroders is thinking about privates; Ninety One’s pithy AI; German woes and much more.
Manulife WAM names new Asia head
The wealth and asset manager has tapped Citigroup to replace Michael Dommermuth.
Blackstone partners with PWMA for private market programme
Participants are eligible to receive on-going professional training hours or other credits.
AllianzGI appoints CIO for Asia Pacific
Allianz Global Investors has hired Wilfred Sit as equity CIO for Asia Pacific from Hang Seng Investment Management.
William Blair launches small-mid cap fund in Taiwan
The William Blair Small-Mid Cap Growth SICAV fund invests in high-quality, US small and mid-cap growth companies.
AllianceBernstein appoints head of Asia ex-Japan institutions
Brent Kao previously spent 14 years as head of Asia official institutions and consultant relations at BlackRock.
Alternatives manager RAM launches two SFC‐authorised retail funds
The two funds are the RAM Hong Kong Government Bond fund and the RAM Income fund.
