Barclays appoints Asia Private Bank head
Wee Yee-Yong joins Barclays from Morgan Stanley.
Japan’s economy should be separated from the market outlook and Japanese equities appear fairly valued relative to their history, according to Daniel Murray chief economist and global head of research at EFG Asset Management.
BNY Mellon has appointed Douglas Hymas as country executive for Japan and general manager of the company’s Tokyo branch.
Nomura Asset Management has opened an office in the Dubai International Financial Centre, its first in the Middle East.
The Thai capital market regulator has entered into a collaboration with Japan’s Financial Service Agency that will strengthen cross-border business opportunities between the two countries and also enable more investment choices for investors.
Malaysia’s Hwang Investment Management has launched a new fund that will tap the opportunities in the Japanese market.
Fund selectors plan to increase their European, US and emerging market equity allocations but remain largely unmoved on Japanese stocks despite a strong upturn in fund manager sentiment on this asset class according to research by Expert Investor Europe in the first quarter of 2013.