Asia’s growing private wealth and pool of tech-savvy financial professionals should make it the world’s investment hub, but AI threatens industry jobs, according to a CFA Institute survey report.
Tag: Fund Management
VAM offers DFM in Asia
VAM Funds and Close Brothers Asset Management plan to offer discretionary fund management services in Asia, according to Nigel Watson, sales director at VAM Funds.
China’s fund industry faces talent shortage
China’s ecommerce firms are moving into financial services, putting competitive pressure on fund management companies (FMCs). The research firm cited as examples Alibaba affiliate Ant Financial’s reported plan to acquire a stake in Tebon Fund Management and Tencent establishing WeBank, China’s first online bank, last year. “The only viable online opportunity FMCs can access for […]