Assets of shariah-compliant funds in Asia continue to grow, driven by the markets of Malaysia and Indonesia, according to a report by Boston-based research firm Cerulli Associates.
![](https://s34456.pcdn.co/wp-content/uploads/2018/07/GettyImages-466842820-640x360.jpg.optimal.jpg)
Assets of shariah-compliant funds in Asia continue to grow, driven by the markets of Malaysia and Indonesia, according to a report by Boston-based research firm Cerulli Associates.
Goldman Sachs AI model fails to predict World Cup results; robo-advisor Bambu gets $3m funding led by Franklin Templeton; China Post lists coco ETF in Europe; SSGA registers 19 ETFs in Japan; hedge funds produce mixed results; SFC includes holding companies as professional investors; and more…
JP Morgan AM expands Asia beta strategies team; Barings hires for Asia alternatives; E Fund and SSGA co-develop China-focused environmental strategy; Natixis IM expands private debt capabilities; global hedge fund industry sees net inflows; and more…
Harvest Global makes several appointments; Jupiter AM poaches from Temasek; Man GLG creates CIO for credit role; Evestment fund research platform reveals most reviewed funds for March; banks lose mutual fund asset share to IFAs; Singapore’s MAS develops AI and data analytics best practices guide; and more…
China’s regulator is likely allow 10 more foreign managers to sell private fund products in 2018, according to Miao Hui, senior analyst at Cerulli Institute, who leads the China research initiative.
Hong Kong’s SFC fines UBS (again); Neuberger Berman poaches Pimco’s APAC head of strategy; Pimco aims to grow its ESG platform with new hire; Prestige Fund strategy AUM breaches $100m mark; APAC institutions likes private equity; China’s WMP AUM grows by a mere 1.5%; and more…
Partnering with domestic fund managers to launch feeder funds remains the best strategy for foreign asset managers looking at the Thailand and Malaysian markets, according to analysts from Boston-headquartered Cerulli Associates.
Both China and India lead in online distribution initiatives in Asia ex-Japan. However, the drivers for online distribution are different in both markets, according to a study published by Boston-headquartered Cerulli Associates.
Eastspring poaches multi-asset exec from BNPP AM; Hermes IM expands emerging markets team; Japan’s GPIF may use AI for asset management; Australia’s ETF assets hit record high; private banks and family offices to increase alts exposure; SFC bans ex-DBS investment counsellor for transferring client data out of the bank; and more…
Investment in fund of funds in China has been building since the China Securities Regulatory Commission (CSRC) finalised guidance for retail FoFs in September last year, according to a report by Boston-based research firm Cerulli Associates.
Part of the Mark Allen Group.