Franklin Templeton and Samsung AM to establish JV in Korea; Nippon Life to acquire 5% stake in Deutsche AM IPO; UBS AM launches RMB fixed income fund to professional investors in Hong Kong and Singapore; majority of funds in Australia underperform; MAS and Singapore Police to jointly investigate all financial advisory offences; MSCI launches 12 new China indexes; and more…
Noah opens Australia office; Bank of Singapore hires for Europe; OMGI outsources its China equity fund to Ping An of China; JPMAM’s head of Asia fixed income leaves; EIP names head of Asia investment; HSBC Global AM launches Asia fixed income fund in Singapore; ESG initiatives from Franklin Templeton, Robeco and Eastspring; T Rowe Price and Capital Group win Morningstar “best fund house” awards; and more…
Technology stocks globally are still expected to perform well next year, but Sean Taylor, Deutsche Asset Management’s chief investment officer for Asia-Pacific and head of emerging markets, remains careful with his sector picks, particularly in Asia.
FSA compares no fewer than seven China equity ETFs available to Hong Kong investors tracking the same index, the CSI 300.
FSA compares two global equity income funds: the BNY Mellon Global Equity Income Fund and the Deutsche Invest Top Dividend Fund.
Deutsche Asset Management has appointed Alex Prout as its Hong Kong-based Asia-Pacific head. He will assume his role in November.
Deutsche Asset Management’s head of liquid real assets for Asia & Europe defends listed infrastructure investments, which have recently come in for criticism from academics suggesting they don’t deliver infrastructure-like returns.
Asian equity markets are up, but they are not in a bull market, according to Sean Taylor, Deutsche Asset Management’s Hong Kong-based managing director and Asia-Pacific chief investment officer.
Deutsche Asset Management is delisting 16 DB x-trackers ETFs in Hong Kong, reducing by half the number of the firm’s ETFs listed in the SAR, according to records from the Hong Kong Exchange and Clearing.
Asset managers comment on Moody’s decision to lower China’s sovereign credit rating by one notch to A1 from Aa3, with stable outlook.