Lack of short term returns are one reason why many Hong Kong-listed companies do not integrate ESG into strategic planning, according to a report by KPMG China.
Tag: Hong Kong
In case you missed it (14 September 2018)
Schroders hires PM from HSBC Global AM; Franklin Templeton names new fixed income CIO; BNY Mellon creates chief economist role; Hong Kong’s private wealth AUM to double by 2023; Willis Towers Watson and MSCI co-develop ESG strategy; MAS introduces new corporate structure for funds; and more…
T Rowe to launch three funds in HK
The Baltimore-headquartered firm considers the Hong Kong retail market a key part of its sales strategy.
Value Partners maps out aggressive product push
Plans include product launches in China and in Hong Kong and ETFs outside Asia, according to King Au, Value Partners’ Hong Kong-based CEO.
More China-focused thematic funds
BOCI-Prudential has launched an ETF investing in China’s ‘new economy’ while Manulife Asset Management debuts a mixed-asset product focused on China’s ‘bay area’ cities.
Bosera/ASI to launch EM bond fund
China’s Bosera and Aberdeen Standard Investments have filed an application to sell an emerging market bond fund under the Mutual Recognition of Funds (MRF) scheme.
Two more ETFs dropped in HK
Enhanced Investment Products delisted a smart-beta fund while Mirae Asset ends trading of a consumption-related thematic product, according to records from the Hong Kong Stock Exchange.
BMO Global aims at wholesale market
In Hong Kong, the Canadian firm recently launched an actively-managed balanced fund that invests in ETFs, as management sets its sights on the wholesale market.
HKIFA: Bond funds lose $6.2bn in 1H
Strong outflows from bond funds for sale in Hong Kong were driven by global and high yield products, as the asset class undergoes a huge reversal from 2017, according to data from Hong Kong Investment Funds Association (HKIFA).
JP Morgan AM creates APAC alts role
The firm believes there is increasing demand for the asset class from high net worth investors in Asia-Pacific.
