The Shanghai Composite Index soared 53% in 2014, “making the Mainland market one of the best performing markets worldwide”, yet volatility has emerged as a key risk this year, according to Hong Kong’s regulatory body.
Tag: Hong Kong
Principal Global reshuffles top management roles
Principal Global Investors has reshuffled the portfolios at the top management level, with its current Asia chief executive Andrea Muller taking over from Kirk West in the role of executive director-head of international distribution.
HSBC Global AM upbeat on Chinese equities
China is the cheapest market in the world in terms of valuations, according to HSBC Global Asset Management, which is generally bullish on Asian equities this year.
HK regulators in boiler room clampdown
Backed by court orders, the Securities and Futures Commission froze the online activity of three unlicensed securities trading firms alleged to be engaged in fraudulent schemes.
HK fund body positive on Stock Connect
A majority of fund houses in Hong Kong intend to use the Stock Connect in 2015 to access the China A-share market, according to a survey by the Hong Kong Investment Funds Association.
iShares captures one third of global ETF flows
BlackRock attracted $102.8bn in new inflows in its iShares business in 2014, driven by interest in its US and European products, particularly from Asian and Latin American clients.
Hong Kong regulators halt securities firm
The Securities and Futures Commission has frozen the activities of Goodcape Securities Ltd for being insufficiently capitalised.
VAM Funds taps China’s clean energy sector
VAM Funds believes China’s clean energy sector is poised for high growth over the next five years, driven by increasing consumption and government initiatives, said Martina Turner, lead portfolio manager.
Fund transactions up in Hong Kong
Total transaction value of mutual funds and unit trusts in Hong Kong increased 35% in 2014, while the aggregate value of all product categories was down 8%.
Hong Kong protests commentary
Are Hong Kongs pro-democracy protests a threat to society? To Beijing? And could they turn violent? Will they persist indefinitely? Robert Horrocks, CIO Matthews Asia, comments.
