Value Partners Technology Systems no longer has its licences in Hong Kong after the regulator removed them last month.
Tag: Hong Kong
Northbound MRF sees $480bn in 2018 outflows
Northbound funds under the Mutual Recognition of Funds (MRF) scheme continue to see outflows, although more asset managers plan to sell Hong Kong-domiciled funds on this platform, according to China’s financial regulators.
HK industry body proposes ‘wealth management connect’
Wealth managers in Hong Kong should be allowed to market products to clients in the Greater Bay Area, among suggestions from the Private Wealth Management Association (PWMA) and KPMG.
Hedge fund manager enters HK retail market
Hong Kong-based Foundation Asset Management has received the regulatory green-light to roll out a fund in the local market.
UBS AM preps funds for MRF
This week the regulator approved three Hong Kong-domiciled products, which are aimed at eventual sale to mainland investors via the Mutual Recognition of Funds scheme.
Tencent JV plans bond fund in HK
The flagship Chinese tech firm is looking to enter Hong Kong’s mutual funds market.
SFC considers changes for MRF
Hong Kong’s Securities and Futures Commission (SFC) reveals discussions with the mainland regulator to relax the limit on overseas delegation.
Manulife, Cap Group to launch funds in HK
Markets are down this year, but asset managers continue to introduce funds for sale in Hong Kong.
Asian family-run businesses shine
Amid pan-regional success, the past decade has seen Chinese family-owned corporates record a 15% average out-performance versus non-family-owned peers domestically, says Credit Suisse.
Asia not as convinced with ESG-returns link
Nearly half of all investors globally recognise sustainable investing metrics as a driver of long-term financial returns, but Asia lags, according to a new survey by HSBC.
