Principal Global Investors has reshuffled the portfolios at the top management level, with its current Asia chief executive Andrea Muller taking over from Kirk West in the role of executive director-head of international distribution.
Tag: Asia
Asia reforms go far beyond cutting red tape
Reform-minded governments in the largest Asian economies are driving a change in mindset, which is going largely unnoticed by the global investment community, said Ajay Dayal, investment director at Legg Mason Global Asset Management.
Asia bonds proved attractive in 2014
Despite the eruption of volatility in December, last year’s pan-Asia bond yields were 6.7%, according to S&P’s data.
Amundi overweight on Indian equities
Amundi Asset Management is overweight on Indian equities, but said there could be some disappointments in the short-term due to the sharp run-up in domestic indices.
Cerulli on China smaller funds
The China Securities Regulatory Commission’s is cracking down on small “zombie funds”, but a rash of fund terminations remains unlikely, according to Cerulli Associates.
HSBC Global AM upbeat on Chinese equities
China is the cheapest market in the world in terms of valuations, according to HSBC Global Asset Management, which is generally bullish on Asian equities this year.
iShares captures one third of global ETF flows
BlackRock attracted $102.8bn in new inflows in its iShares business in 2014, driven by interest in its US and European products, particularly from Asian and Latin American clients.
VAM Funds taps China’s clean energy sector
VAM Funds believes China’s clean energy sector is poised for high growth over the next five years, driven by increasing consumption and government initiatives, said Martina Turner, lead portfolio manager.
Baring to debut with three HK domiciled funds
Early next year, Baring Asset Management expects to launch three maiden Hong Kong-domiciled funds, a move that will prepare the firm for the eventual mutual fund passport recognition between Hong Kong and China.
JPM AM Aviva Asia acquisition
J.P. Morgan Asset Management has acquired Aviva Investors’ Asia Pacific Real Estate vehicle.
