HSBC Global Asset Management has launched its first northbound fund into mainland China, but investor sentiment there is muted.
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HSBC Global Asset Management has launched its first northbound fund into mainland China, but investor sentiment there is muted.
There are reasons to bet on emerging market equities despite poor performance last year.
Changes at Bea Union; CA Indosuez is hiring; UBS shutdown costs; Jack Ma on Europe; New funds on FSM One; OCBC Wealth woes; Chinese ratings agencies, advertising and much more.
Year-to-date, only six Hong Kong-domiciled funds have been approved for sale in the mainland, according to records from the China Securities Regulatory Commission (CSRC).
Eastspring, JP Morgan and Morgan Stanley face a six-month deadline to roll out their debut onshore products.
The detention of a UBS Wealth Management staffer from Singapore has rocked the private banking community and resulted in some bans on travel to the mainland, reports say.
Nearly half of all investors globally recognise sustainable investing metrics as a driver of long-term financial returns, but Asia lags, according to a new survey by HSBC.
HSBC subsidiary Hang Seng Bank posted a 13% increase in half-year income generated by its wealth management business, driven by fund sales and securities and brokerage services.
FSA compares the the BGF Asian Tiger Bond Fund and the HSBC Asian Bond Fund.
HSBC has revealed plans to expand its wealth management division in China as part of strategy refresh.
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