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FE launches HK advisory services

FE Advisory Asia will provide research and model portfolio services to address the growing number of funds in the SFC-authorised universe.
Fund Selector Asia

The firm is part of the UK-based Financial Express Holdings Group. Earlier this year, FE Advisory Asia was granted a license by the Hong Kong Securities and Futures Commission to carry out Type 4 activities (advising on securities).

According to Michael Li, chief operating officer, the firm has developed the FE Advisory 100, a list of 100 products in which the firm’s analysts hold their highest conviction. The list is developed after quantitative analysis and through meetings with fund managers.

Another service is FE Portfolios, which provides a standard and bespoke model portfolio service. A third offering is FE Governance, a service that constantly monitors a funds’ behavior, performance, risk and structure.

“The number of fund offerings in the Hong Kong market has grown substantially, especially with the introduction of the Mutual Fund Recognition scheme in July. In Hong Kong, we have the advantage of being able to offer a much broader choice of investment funds – geographic, asset and sector-wise – compared to the more domestic and narrow focus of the China-domiciled funds.

“Performance-wise, Hong Kong-domiciled funds should prove themselves a more attractive offering compared to its northern counterparts,” Li said.

FE Advisory Asia is also the official data partner of Last Word Media for the 2016 Fund Selector Asia Awards, which rewards excellence in fund management in both the Singapore and Hong Kong markets.

Part of the Mark Allen Group.