The OMGI Asian equities team, which manages $500 million in the region, was hired in late 2014 and consists of four members: Josh Crabb, Diamond Lee, Kris Whitlock and Dmitry Lapidus. It runs three funds – the Old Mutual Asian Equity Fund, the Pacific Equity Fund and the Greater China Equity Fund. “This is a […]
Tag: Hong Kong
JP Morgan appoints Asia head of sovereign and institutional business
Farrell will be responsible for identifying new business opportunities in the market and for providing clients with service and strategic investment advice. Previously Farrell was head of sovereign and institutional business for South and South East Asia, Australia and New Zealand. She replaces Andrew Economos who left JP Morgan to join Capital Group in May last year. […]
Julius Baer names market head for Taiwan
Straus joins the private bank from Citigroup Private Bank, where he was the head of family offices and institutions for Asia-Pacific and covered key client relationships across the region.
Rothschild appoints new head of China equities
Li replaces Xing Hu who left the group in March “to explore new professional opportunities”, the firm said. She will be based in Hong Kong and will report to Thomas Gerhardt, head of emerging equities and commodities. Philippe Uzan, CIO of long-only management at Edmond de Rothschild Asset Management (France), cited “the gradual opening up […]
Investors to recoup $25m from Hong Kong hedge fund collapse
The Securities and Futures Commission has recovered HK$191m ($24.6m) of assets from the Cayman-domiciled Athena Fund, which was a product from asset manager Descartes Athena Fund SPC. “The SFC alleges the Athena Fund was an outright fraud,” said Mark Steward, the SFC’s executive director of enforcement. “Our action to have the assets frozen prevented them […]
Hong Kong share rally
Market turnover in Hong Kong broke a record this week as a multi-day rally continues. But according to Schroder Investment Management, the momentum is not based on fundamentals.
Hong Kong China double taxation
Hong Kong and mainland China have agreed to exempt Hong Kong-based investors from double taxation on capital gains derived from investments in Chinas stock markets.
Asia’s client base is underserved
The needs of the available client base in Asia are not being met, even as the region’s wealth management industry continues to grow, said Kevin Liem, chief investment officer of TTG Wealth Management.
Hong Kong hedge fund managed assets
Total hedge fund AUM in Hong Kong has surpassed its $90bn peak in 2008, driven by institutional investment, according to a Securities and Futures Commission report.
China funds can invest without QDII
China’s mutual funds are now permitted to invest in Hong Kong shares using the Shanghai-Hong Kong Stock Connect programme, according to the China Securities Regulatory Commission.
