UBS introduces wealth management app in Asia

The firm said the app tracks a client’s portfolio, tests it against critical risk factors and sends a notification when the portfolio deviates from the client’s investment strategy. It was developed in response to increasing client preferences for digital solutions in Asia.  “We believe Asian clients are more digital than in other parts of the […]

China gets lowest grade for investor experience

The research firm gave China a “D” because of high fees, particularly for allocation and money market funds. China’s limitations on overseas investing and restrictions on foreign-domiciled funds were also factors, as well as a relative lack of disclosure.  “China was one of a minority of markets where the disclosure of conflicts of interest by advisors […]

Morgan Stanley floats Asia fixed income fund

The fund will invest in a range of Asia ex-Japan fixed income securities with no sector limitations.  Through a top-down macro assessment process, the fund will invest in hard and local currency debt, sovereign and corporate debt, the firm said.  “Following a growing emphasis on Asian bonds within the global strategy, the decision to launch […]

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