Capital Groups ETFs, blood in techville, HK’s crypto dreams, fund names and their contents, the inflation beast, Credit Suisse and job cuts, asset management revival, advertising on trams and much more.
The FSA Spy market buzz – 29 October 2021
T Rowe Price’s acquisition; Hong Kong goes SPAC; A tiny ETF; The Metaverse is coming; Stock concentration; COP26 advertising; Bourne vs crypto; Buffet and Musk; and much more.
HKMA joins other regulators in social media trend
The Hong Kong Monetary Authority has set up a Facebook page, joining other regulators and central banks in the region that have a social media presence.
How bad news was good for Pictet AM
The recent Facebook data harvesting scandal and new data regulations from Europe that spooked investors turned out to be good news for Nolan Hoffmeyer, Geneva-based co-manager of Pictet Asset Management’s Digital Fund.
Assessing a Tencent investment
The Chinese internet firm is widely held in funds available for sale in Asia, but does it really have greater growth potential than Facebook? James Syme, portfolio manager at JO Hambro, argues that it does.