BNP Paribas AM hires, Nordea AM loses, Fund failures galore, PIMCO’s AI wariness, Manulife’s goes Robo-AI, The buyback march, Apple’s mistake and much more.
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BNP Paribas AM hires, Nordea AM loses, Fund failures galore, PIMCO’s AI wariness, Manulife’s goes Robo-AI, The buyback march, Apple’s mistake and much more.
LNG gas is hot, the exhaustion of ESG, Janus Henderson is 89, BNP Paribas wants people to check in, China’s contrarian moment, FSA in KL and Bangkok, Mid-Autumn festival and much more.
Market observers reckon that given economic and demographic tailwinds, India’s asset management industry is poised for growth.
Apac’s rich are likely to allocate more of their wealth to private equity funds.
Driven by mainland investors, the global asset management industry in 2017 had the strongest growth in a decade, according to a new BCG report.
Assets in China’s online wealth management have grown 50% annually over the past five years, according to the consulting group.
FSA presents a selection of research commentary released this week.
The investable assets among high net worth individuals (HNWIs) in China are expected to double to RMB 111trn ($16trn) in 2021, from RMB 54trn last year, according to a report from The Boston Consulting Group and Industrial Bank.
Market volatility, interest rates and yuan depreciation are driving Chinese investors into offshore investments, said David He, partner and managing director of Boston Consulting Group.
Part of the Mark Allen Group.