Value Partners names Yu Xiaobao as head of China business; UBP’s operating expenses increase due to Coutts Asia integration; Blackrock’s ETF assets breach $1.5trn mark; Cerulli expects global mutual fund assets to hit $100trn by 2020; Singapore’s fintech association rolls out a comprehensive fintech directory; BofAML sees global fund firms allocate more to Japanese equities; Australia launches its first stewardship code for fund firms; and more…
Tag: Australia
In case you missed it – Funds and Asset Management Updates
Aviva Investors names Charles Wong as head of Asia wholesale distribution; Pinebridge poaches APAC marketing exec from SSgA; a fintech association launches in Hong Kong; fintech agreements in Singapore and Malaysia; CSOP’s China ETF sees huge inflows following MSCI’s China inclusion announcement; and more…
Long view is key to infrastructure investing
Big infrastructure spending announcements aren’t necessarily on the radar of infra fund managers, said Warryn Robertson, portfolio manager of the Lazard Global Listed Infrastructure Fund.
ETF Securities targets Australia following Hong Kong exit
UK-based ETF Securities has said it will focus on expanding its presence in Australia following the asset manager’s exit from Hong Kong earlier this year.
HSBC opens private banking operations in Australia
By opening a private banking office in Sydney, HSBC intends to service Australian high net worth individuals and family offices with investable assets over A$10m ($7.5m).
Singapore and Australia ink cross-border fintech pact
Regulators in both countries aim to help smooth the path for local fintech firms.
Complexity of Asia hinders fund passport schemes
Varying tax and regulatory issues across the region could disrupt the Asia Region Funds Passport initiative, according to Mostapha Tahiri, CEO and head of asset and fund services for Asia at BNP Paribas Securities Services.
Australian mutual fund market tough to crack
Foreign fund managers seeking distribution in Australia face unique challenges, according to research firm Cerulli.
Video interview: Jupiter AM on high yield
Katharine Dryer, head of investments for fixed interest and multi-asset, summarises her views on high yield at FSA’s Bangkok Investment Forum.
Legg Mason to buy infra asset manager
The firm has agreed to acquire a majority stake in Sydney-headquartered RARE Infrastructure, aiming to expand its offerings in liquid alternatives.
