Multi-asset funds are becoming attractive because they can address the market volatility that is likely to increase as the US Federal Reserve raises interest rates, sources said.
Tag: Asia
SGX Taiwan bourse aim for market link
The Singapore and Taiwan stock exchanges want to link their markets to offer investors cross-border access to financial products.
Manulife non-China fund
Manulife Asset Management (Taiwan) has introduced the country’s first RMB-hedged share class for a non-China focussed fund.
Neuberger registers nine UCITS funds in Korea
Neuberger Berman has expanded its UCITS fund range in Asia by registering nine of its funds in South Korea.
Ashmore unveils trio of China-focused funds
Ashmore has unveiled three China-focussed funds that aim to invest in China’s onshore equity and fixed income markets using its RMB Qualified Foreign Institutional Investor (RQFII) license.
BNP Paribas IP appoints Moorrees as HK CEO
BNP Paribas Investment Partners has appointed Tino Moorrees as chief executive of Hong Kong from today.
China International floats another RMB MMF
China International Fund Management has launched its second RMB Money Market Fund, raising RMB620m ($100m) from more than 200 institutional investors during the initial offer.
Gold finding hard to fight rate normalisation
Gold seems to be losing its appeal for investors as the precious metal weakens in the face of a looming rise in US interest rates.
Threadneedle expands ops in Korea
Threadneedle Investments has set up a representative office in South Korea and has poached Samsung Asset Management’s Chris Lee as Korea chief representative.
China bad loan problems manageable says BlackRock
Even as there are growing worries over the quality of bank loans in China, governments efforts to recapitalize the banks can help strengthen the state-owned banks balance sheet, says BlackRocks chief strategist.
