Global asset and wealth managers put Beijing and Hong Kong among the top cities expected to provide growth opportunities, according to a PwC survey.

Global asset and wealth managers put Beijing and Hong Kong among the top cities expected to provide growth opportunities, according to a PwC survey.
US equity valuations have become expensive on a price-to-earnings basis and investors are urged to stay away from them, according to Vincent Mortier, Amundi Group’s Paris-based deputy chief investment officer and global head of multi-asset.
Amundi said it will become the world’s eight largest asset manager after acquiring Pioneer Investments for €3.54bn ($3.74bn).
Thai equities have mostly recovered after plunging in the wake of the death of the King, but now the military-appointed government is attempting to navigate official approval of a new constitution and handle the first royal succession in seven decades.
Fund Selector Asia compares the Amundi Asia ex-Japan Fund with the the MFS Meridian Asia Pacific ex-Japan Fund.
Regulators have permitted the firm’s liquid alternatives fund to cut the minimum investment to less than S$1000.
Exit at Pictet; New head at Barings; Relocations at Aviva Investors and Amundi; Product rumours at HSBC GAM; Negative yields; PGIM in lights; Lehman Brothers Whisky and much more.
UBS clients want alts; CFA is the new MBA; GAM is boosting Asia; SPDR gets innovative; Amundi insiders are OK, and much more.
Exit at Amundi; marketing changes at Fidelity; end of an era for Standard Life; imminent launches from Goldman Sachs AM; advertising from Allianz, CSOP and much more…
China has been under scrutiny the past few weeks, and it seems industry sources have a growing concern over the government’s economic reform efforts.
Part of the Mark Allen Group.