Passive product inflows aren’t the only factor driving lower fees, and the result is profit pressure and more industry consolidation, a CFA Institute survey has found.
Tag: Asia Pacific
China dividends shrink in 2016 on lower profits
Companies in China paid lower dividends in 2016, but Japan and Hong Kong payouts rose, according to a report by Henderson Global Investors.
HEAD-TO-HEAD: Eastspring vs Henderson
FSA compares two Asia-Pacific real estate funds: the Eastspring Asian Property Securities Fund and the Henderson Asia Pacific Property Equities Fund.
Moody’s: Passive to overtake active no later than 2024
Passive fund assets will be greater than 50% of the US market in 4-7 years and the passive growth rate in Asia is expected to increase, according to a Moody’s report.
Study: Chinese AMs growing AUM 18% annually
Out of the 500 largest asset managers, 34 are from China and they have had a collective CAGR of 18% the last five years, according to a Willis Towers Watson report.
HSBC PB senior management moves
Siew Meng Tan is to succeed Bernard Rennell as Asia-Pacific head of global private banking starting next year, while Rennell becomes a senior advisor to focus more on the client side.
A look at HSBC PB’s `barbell strategy’
The strategy aims to capture emerging market yields and `new economy’ growth at a time when yield is hard to find, according to HSBC Private Bank’s Fan Cheuk Wan, head of investment strategy in Asia.
First State, UBS AM announce Asia hires
First State has appointed Kelley Foo as a portfolio manager within the multi-asset solutions team and, separately, UBS AM has named the Asia-Pacific head of fixed income.
Asia-Pac fund sales beat developed markets in 2015
In 2015, net sales of regulated funds in Asia-Pacific for the first time outpaced sales in Europe and the Americas, according to data from the Investment Company Institute.
Schroders reshuffles, names APAC CEO
Among the appointments, former country head of Hong Kong Lieven Debruyne has been named Asia Pacific CEO.
