Raffles Family Office expects to grow AUM to $10bn and double headcount to 100 in the next two years.
Tag: China
China new economy fund launches in Malaysia
Affin Hwang AM has launched three China-focused products in Malaysia this month and it has plans to develop leveraged and inverse products.
Chinese aspirants flock to CFA exams
The opening of China’s investment industry has resulted in a 21% year-on-year increase in mainland Chinese exam-takers.
QDII funds bleed $1.59bn in outflows in 2018
QDII funds, which mainland firms use to invest onshore capital outside of China, still account for less than 1% of China’s RMB 11trn mutual fund market, according to data from Morningstar Direct.
China’s pensions sector to benefit foreign AMs
Mainland pension fund developments and Shanghai’s role as the third regional asset management hub should drive a doubling of AUM in the region by 2025, says PWC.
China’s weak growth signals short-term pain
China’s annual GDP growth was the lowest in 28 years, and First State’s Martin Lau sees it as a risk to asset prices.
Fidelity launches its fourth onshore Chinese product
Only a handful of foreign managers have launched multiple products in China’s private fund market.
China strategy untouched in Blackrock job cuts
The firm said in an internal memo last week that it will be laying off 500 employees globally, accounting for 3% of its total workforce.
Robos gain traction with distributors in Asia
Hong Kong-based robo advisory Magnum Research has partnered with a number of distributors and institutions in the region.
