Asian dividend yield remains a strong theme despite the widely- anticipated US rate hike, said King Fuei Lee, fund manager for Asia ex-Japan equities at Schroders.
Tag: Hong Kong
Hong Kong investors confident on China
Hong Kong retail investors continue to show confidence in local and mainland markets despite the recent correction and volatility, according to a J.P. Morgan Asset Management survey.
HSBC GAM reveals MRF plan
HSBC Global Asset Management will seek regulatory approval to offer its two onshore China funds in Hong Kong under the Mutual Recognition of Funds initiative, which starts today.
Principal Global aims to use MRF
Principal Global Investors intends to distribute funds through the mutual recognition of funds initiative, and is in talks with joint venture partner China Construction Bank about mainland products, said Kirk West, head of international offices and chief executive officer of Asia.
China’s MSCI inclusion to drive Hong Kong market
China’s inclusion on the MSCI emerging market indices is a matter of when, not if, and the resulting capital inflows will have substantial impact on Hong Kong’s market, said Helen Zhu, Blackrock’s head of China equities.
Hong Kong SFC fines Phillips Securities over fund mis-selling
The Hong Kong Securities and Futures Commission (SFC) has reprimanded and fined Phillip Securities $1m for failings in selling a fund to four clients who lost their investment.
Hong Kong as Asia’s laundromat
Majcher, a former Eurobond trader in London who became a top covert operator for Canada’s RCMP, is particularly critical about the sale of licenses for backdoor listings.
UBS appoints new China country head
Qian replaces David Li, who left the firm in September last year, a spokesman said. Qian has 20 years of experience in China/Hong Kong banking and worked as president and board director of Citi China. At Citi, he was responsible for corporate and investment banking strategy as well as the consumer banking businesses. He joined […]
Hong Kong launches second sukuk
The government’ second Islamic bond offering has attracted $2bn in orders, mainly from private banks and fund managers in the Middle East and Asia.
East Capital gets HK asset management license
The firm set up its Hong Kong office in 2007 and has been investing in Asia since 2010. “We have ambitious plans for further growth in the region as we see increasing interest for our Asian products from our global investor base,” said Karine Hirn, partner and co-founder of the firm. Hirn leads the Hong […]
