Separately, UBS SDIC AM’s licences in the territory were removed.

Separately, UBS SDIC AM’s licences in the territory were removed.
The asset management arm of CMBC in Hong Kong has an investment team focusing on Greater China equities and Chinese offshore bonds.
Hong Kong-based OPIM partners with emerging fund managers to help them tap global investors.
Overall, ETF AUM across Asia (ex-Japan) fell by 0.8% during the first five months.
The iShares ETF listing on the Hong Kong Stock Exchange follows the relaxation of the master-feeder regime late last year.
Competitor CSOP AM manages the same kind of products, which have become the largest L&I funds in the SAR.
It has taken over Strabens Hall’s business in the SAR and works closely with the firm in the UK.
The implementation details of wealth management connect (WMC), including the scope of eligible investment products, will be announced later.
But overall assets in Hong Kong’s mutual fund industry were down 13%, according to SFC’s annual report.
An online alternative investment platform in Singapore has garnered at least $100m in assets since its launch last year.
Part of the Mark Allen Group.