Citi exit; CSOP driving; Dickens and tech; PGIM’s ambitions; Fidelity’s Bitcoin faith; Doing nothing for most of the time; Pension prosperity; Nicole Kidman and much more.

Citi exit; CSOP driving; Dickens and tech; PGIM’s ambitions; Fidelity’s Bitcoin faith; Doing nothing for most of the time; Pension prosperity; Nicole Kidman and much more.
The launch of the Limited Partnership Fund (LPF) regime will cement Hong Kong’s position as an asset management hub, according to the Hong Kong LPF Association.
Investors should be allocating to Asia ex-Japan equities rather than developed market stocks over the next six- to 12-months, according to Deutsche Bank International Private Bank (IPB).
Separately, a course focusing on family offices will be launched by an education firm founded in Hong Kong.
Hong Kong investors remain proactive investors despite Covid-19, a Calastone survey found.
Strongest AUM growth was seen in Japan, China, Taiwan and Korea.
Foreign AM firms entering Japan will be allowed to complete the registration process in English. Separately, the country has also been courting global asset managers established in Hong Kong.
An industry report finds that wealth managers in Hong Kong are placing their faith in mainland China and the Greater Bay Area (GBA) for asset growth.
The US firm is now targeting Hong Kong investors, just after it started offering its products in Taiwan.
The most popular tech funds sold in Hong Kong or Singapore are managed by Blackrock, Franklin Templeton, JP Morgan AM and Neuberger Berman, according to Morningstar data.
Part of the Mark Allen Group.