Revenues of Asia-ex Japan mutual funds have grown in 2013 despite having taken a hit over longer periods, finds a new report by Cerulli Associates.
Tag: Asia
AXA IM hires head of Asia Pacific
AXA Investment Managers has hired Lion Global Investors’ chief investment officer Simon Flood as the head of Asia Pacific replacing Jean-Pierre Leoni.
Neuberger names Kwang sr portfolio APAC manager
Neuberger Berman has poached Standard Life Investments’ Anton Kwang as a senior portfolio manager for the Asia Pacific region.
Matthews Asia hires VP business development
Matthews Asia has appointed Tina Tong as vice president, Asia business development for supporting the firm’s business development and client service activities in Asia, focusing on private banks, insurers and financial advisers.
Thailand offers more channels for mf distribution
Thailand is introducing an additional mutual fund distribution channel and has allowed state-owned non-bank companies to act as agents.
Luxembourg for more financial cooperation with Singapore
Luxembourg has called for increased international finance cooperation with Singapore spanning cross-border financial services, wealth and asset management.
Aberdeen names Leenabanchong as Thailand CEO
Aberdeen Asset Management has poached UOB Asset Management’s chief investment officer Korawut Leenabanchong as its new chief executive.
Thai regulator tells fund companies to develop
The Thailand capital market regulator has directed asset management companies in the country to develop ‘post retirement products’ as an investment alternative for the retirees segment.
Hong Kong looks to boost Islamic finance
Hong Kong’s financial regulator has said it is to work closely with the Malaysian authorities to develop its Islamic financial market and promote Shariah-compliant products to both local and international investors.
RHB Asset Management offers global Shariah-compliant fund
RHB Asset Management has launched a close-ended Shariah-compliant fund that invests into global Islamic fixed income instruments.
