Axa Investment Managers has made two additions to its fixed income team in Asia, as it attempts to bolster its coverage of the region.
Tag: Hong Kong
Hong Kong raises inaugural bond
The Hong Kong government said it has raised $1bn for its inaugural Islamic bond or `sukuk’, which was mainly distributed to private and retail banks.
Hong Kong regulators move against CITIC
Hong Kong’s Securities and Futures Commission has taken legal action against CITIC and five of its former executive directors, alleging market misconduct.
Multi-asset funds investment avenues
Multi-asset funds are becoming attractive because they can address the market volatility that is likely to increase as the US Federal Reserve raises interest rates, sources said.
Deutsche Asset head of Asian fixed income
Deutsche Asset & Wealth Management has appointed Henry Wong as head of Asian fixed income for Asia Pacific as the company seeks to expand its range of solutions in this segment.
Schroders brand Cazenove
Following Schroders’ acquisition of Cazenove Capital last year, all of the UK fund manager’s private client business in Asia will come under the Cazenove brand name, according to Sandy Dudgeon, Cazenove’s managing director in Asia.
Franklin appoints head of investment solutions in Asia
Franklin Templeton has appointed Steven Moeller as head of investment solutions in Asia to expand its multi-asset propositions in the region.
BNP Paribas IP appoints Moorrees as HK CEO
BNP Paribas Investment Partners has appointed Tino Moorrees as chief executive of Hong Kong from today.
China International floats another RMB MMF
China International Fund Management has launched its second RMB Money Market Fund, raising RMB620m ($100m) from more than 200 institutional investors during the initial offer.
China bad loan problems manageable says BlackRock
Even as there are growing worries over the quality of bank loans in China, governments efforts to recapitalize the banks can help strengthen the state-owned banks balance sheet, says BlackRocks chief strategist.