Indonesia-focused funds have become the worst performing products this year among all equity funds that invest in Asia-Pacific incl-Japan, according to FE data.

Indonesia-focused funds have become the worst performing products this year among all equity funds that invest in Asia-Pacific incl-Japan, according to FE data.
BNP Paribas Asset Management has followed several other foreign asset managers in launching a Wechat account in China, according to Janis You, Hong Kong-based Asia-Pacific head for brand and communications.
Swiss private banking group Lombard Odier extends its unique business model in Southeast Asia, inking a pact with Indonesia’s Bank Mandiri.
Partnering with domestic fund managers to launch feeder funds remains the best strategy for foreign asset managers looking at the Thailand and Malaysian markets, according to analysts from Boston-headquartered Cerulli Associates.
Investors should find opportunities in Indonesia corporate bonds as issuance is expected to increase and yields are relatively high, according to Jimond Wong, managing director and senior portfolio manager for Pan-Asia bonds at Manulife Asset Management.
The assets of high net worth investors in Asia-Pacific are expected to reach $40trn by 2025 from about $18.8trn today, according to the Asia-Pacific Wealth Report by Capgemini.
The tax amnesty brought in tax revenue, lowering the fiscal deficit and enhancing the appeal of government bonds, according to Allianz GI’s David Tan.
Irish industry body launches guidebook for Chinese managers; Japan’s Asset Management One appoints Hermes for ESG services; Singapore’s MAS and IFC collaborate to advance fintech innovation in the Asean region; Hong Kong’s SFC bans ex-Citibank employee for forgery; and others…
Indonesia’s tax amnesty has prompted Singapore’s OCBC Bank to launch an onshore private banking business.
The Shariah fund market remains highly challenging despite heightened interest from managers and regulators in Southeast Asia, according to Cerulli Associates.
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