Slower smartphone sales and weak demand for other electronics have caused a major sell-off in Taiwan’s tech sector, according to JP Morgan.
Malaysian equity funds appear set to end the year with weak returns against a backdrop of low commodity prices and souring investor sentiment.
Aberdeen Asset Management has confirmed that its Asian equity investment director, Chong Yoon-Chou, will be leaving at the end of January.
Aberdeen Asset Management has firmly denied rumours it is looking for a buyer.
If any further evidence was needed of the long-term direction for global financial markets, one need look no further than Aberdeen Asset Management’s announcement that it has been granted a business licence to operate in China.
Aberdeen has (un)timely advertising; UBS and Standard Chartered in less than generous moods; Neptune pulls out of Asia; AB is moving; change at Bank of Singapore; Spy gets corrected and much more!
Movements spotted at Invesco, Julius Baer, JP Morgan and Jupiter; Big change at Aberdeen; Allianz and Fidelity campaigning around Singapore and much more.
Aberdeen Asset Management Asia plans to launch a China A-share fund following the receipt of an RMB Qualified Foreign Institutional Investor licence from the China Securities Regulatory Commission.
Aberdeen Asset Management Asia has received a green light from regulators to buy a majority stake in Indonesia’s NISP Asset Management from NISP Sekuritas.
Aberdeen Asset Management Asia has entered into an agreement with Indonesias NISP Sekuritas to acquire an 80% stake in NISP Asset Management.