The New Zealand private wealth investment firm has formed a strategic partnership with J.P. Morgan Asset Management to bring new products and services to local investors.
Fidelity has appointed former AIA, AXA veteran Pierre-Emmanuel Brard to bolster its insurance business in the region.
Strong regional economies will support rental housing, logistics and central city-based ESG-compliant offices as attractive sectors over the next year, according to PGIM Real Estate.
Investors in the region see opportunities in adversity, yet raise cash levels, according to a Pimco survey.
Online sales and sub-advisory mandates are driving Apac’s fund distribution growth, according to a Broadridge report.
FSA compares two Apac equity funds: The Fidelity Pacific Fund and the Matthews Asia Dividend Fund.
The fund of funds will invest in other funds that take exposure to digital currencies and blockchain-related companies .
The wealth management business at Credit Suisse, like at rival banks, has been the bright spot on the balance sheet.
However, the bank’s wealth management unit had net outflows of new money in the US.
The firm said in an internal memo last week that it will be laying off 500 employees globally, accounting for 3% of its total workforce.