The aggressively expanding firm has a strategy to build distribution relationships in the mainland, said Warren Tonkinson, managing director, of Old Mutual Global Investors.
Tag: Hong Kong
ETF robo advisor to launch in Hong Kong
The second generation of an ETF robo advisor by 8 Securities will be launched this quarter with lower fees to attract cost-sensitive investors.
HK’s SFC names executive director
Hong Kong’s Securities and Futures Commission has appointed Christina Choi as executive director of investment products.
Barclays banker joins StanChart PB
Standard Chartered has appointed Vivian Chan as its private banking regional head for Greater China and North Asia.
First State, UBS AM announce Asia hires
First State has appointed Kelley Foo as a portfolio manager within the multi-asset solutions team and, separately, UBS AM has named the Asia-Pacific head of fixed income.
MRF northbound sales reach $415m in 1H
Hong Kong mutual funds selling in the mainland under the Mutual Recognition of Funds scheme reached RMB 2.77bn ($415m) in net sales in the first half, 45 times higher than the opposite flows.
SFC: Hong Kong PB AUM rises sharply
Hong Kong’s private banking business shot up 18% to HK$3.7trn ($473bn) last year while asset management AUM fell by 4%, a Securities and Futures Commission survey has found.
SFC: Hong Kong has lowest PE globally
Hong Kong-listed mainland stocks dropped hard in the first half, pulling down the Hong Kong market, according to the half-year report by Securities and Futures Commission.
Despite macro events, China funds buoyant
The MSCI rejection of A-share inclusion, as well as Brexit, has had little impact on China-focused equity funds in the short-term, according to FE data.
H1: Big surprises in best and worst sectors
In a swift reversal from first half last year, China and UK equities are bottom performers and gold and LatAm have sprung to the top.
