The firm has had three emerging market funds approved by the SFC, and is one of several foreign asset managers who are increasingly targeting Hong Kong’s retail investor base.
Tag: Hong Kong
Hedge fund hopes for HK retail traction
Foundation Asset Management has begun selling only the third SFC-registered hedge fund authorised for sale to Hong Kong retail investors.
‘Complex product’ regs could limit HK distribution
Some distributors in Hong Kong may avoid ‘complex products’ because of the added risk of being non-compliant, according to Rolfe Hayden, a partner at law firm Simmons & Simmons.
A look at Hong Kong wealth manager turnover
Private bankers are able to bargain for higher pay when transferring to a boutique wealth manager, according to Sunny Kwak, senior consultant for private banking at executive recruitment firm Morgan McKinley.
FSA Investment Forum Hong Kong 2018
We present photo highlights of the FSA Investment Forum in Hong Kong, which was held on 1 November at the Four Seasons Hotel.
GSAM mulls onshore set-up in China
Executives also announced the firm’s entry into Hong Kong’s retail mutual fund market with the launch of seven Sicav funds.
HK emerging affluent prefers savings to funds
Nearly half of Hong Kong’s emerging affluent population makes use of savings as the preferred route to achieve financial goals, according to a survey by Standard Chartered Bank.
Regs clash in the Hong Kong-UK MRF
A number of Hong Kong-domiciled funds do not meet requirements of the UK’s Financial Conduct Authority (FCA).
HSBC Global gets northbound MRF approval
Year-to-date, only six Hong Kong-domiciled funds have been approved for sale in the mainland, according to records from the China Securities Regulatory Commission (CSRC).
Global firms ready onshore China funds
Eastspring, JP Morgan and Morgan Stanley face a six-month deadline to roll out their debut onshore products.