A new head for RBC Investment Management in Asia, State Street raises assets in Thailand, Julius Baer and UBS disagree on Japan, GAM gets inactive, pain for Pimco, SLI, Columbia Threadneedle and Jupiter are on the streets and much more!
Tag: BlackRock
BlackRock gets new QFII quota
The additional QFII quota takes the total amount allocated to all BlackRock entities to $1.25bn.
An Indian summer in the global equities maelstrom – BlackRock
India should be Asia investors’ next port of call in the ongoing equities maelstrom, says BlackRock’s Andrew Swan, though we must hope that the China storm does not become a global one.
BlackRock signals trend by buying robo-advisor
The world’s largest asset manager said it will buy online wealth management firm FutureAdvisor.
PineBridge hires VP for institutional business
PineBridge Investments has poached BlackRock’s Alfred Lee to serve as vice president for institutional business development.
China this week – Fund News and Analysis
A roundup of the week’s asset management industry news from mainland publications.
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.
China’s trading freeze can undermine MSCI inclusion
The recent suspension of trading in 1300 A-share stocks could delay their much-awaited inclusion in MSCI’s emerging market index, fund houses said.
The case for fee based model
EXS Capital’s fee-based discretionary model is rare in Asia, but Jessica Cutrera, managing director of the firm’s wealth management arm, believes there’s a huge opportunity for more.
Swan warns of bubbling in China
Some segments are trading at 80-100 times price-to-earnings and there are “signs of exuberance” in the domestic market, said Andrew Swan, BlackRock’s head of Asian equities.