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.
Tag: Australia
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.
Northern Trust names Southeast Asia head
The firm has appointed Rohan Singh to head its Singapore and Southeast Asian business.
BlackRock prefers India, China bonds
Asian bond markets are less vulnerable to the US interest rate rise and India and China are the two preferred countries for bond investments, said Joel Kim, head of Asia-Pacific fixed income at BlackRock.
Ideas for Asian dividend yield
Asian dividend yield remains a strong theme despite the widely- anticipated US rate hike, said King Fuei Lee, fund manager for Asia ex-Japan equities at Schroders.
