The bank’s net new assets in Asia doubled y-o-y in Q4, but Credit Suisse reported the worst annual loss since 2008.
Tag: Asia
Commodities will slow for a decade: JO Hambro
Only three times in the past 150 years has there been a collapse of commodity prices of the current magnitude, and it should be largely positive for Asia, said Samir Mehta, senior fund manager at JO Hambro.
Stewart Investors to change Asia fund managers
Stewart Investors has announced a shake-up of the management of its open-ended unit trust range, with Angus Tulloch and Jonathan Asante handing over managerial responsibility on a number of their funds on 1 July 2016.
Asia ETFs attract $1.2bn in October
Exchange traded funds listed in Asia-Pacific racked up the fifth consecutive month of positive net inflows, according to research firm ETFGI.
Report: Barclays wants to sell Asian WM unit
The UK-based bank is exploring the sale of the Asia unit amid declining revenue for its global wealth management business, according to reports.
HSBC results hit by Asia market falls
HSBC has reported a 14% drop in profits for the third quarter of 2015 after adjusting for foreign currency movements, as the sharp falls in stock markets across Asia hit revenues in its retail banking and wealth management division.
Asian investors strengthen local equities bias
Asian investors clearly prefer domestic equities, where they expect up to a 26% yield, according to a survey report by Eastspring Investments.
The message that says nothing
An appeal to Asia’s wealth managers to create a clear and crisp distinction among themselves – or continue to see wealth leave the region.
Asia-Pacific M&A accelerating
Outbound M&A announced by Asia-Pacific companies hit $275bn in the past 18 months, and the number and deal size are expected to grow, which bodes well for M&A arbitrage hedge funds.
Mixed asset sees huge capital inflows
In Asia, first half figures from Strategic Insight show $192bn flowed into mixed asset funds and total new net flows doubled compared to the same period last year.
