Firms interested in joining the scheme will need to apply for an investment quota from China’s State Administration of Foreign Exchange (SAFE).
Tag: Japan
Sumitomo Mitsui joins RQFII scheme
The firm has become the first Japan-based entity to join China’s inbound programme.
Japan equity funds tend to beat benchmarks
More domestic equity funds in Japan outperformed their benchmark indices than foreign equity funds, according to an S&P Dow Jones Indices report.
Nomura to buy stake in Julius Baer’s Japan unit
The deal will help the Swiss firm access more local high net worth clients.
LO and Mizuho ink Singapore WM alliance
The agreement comes after Lombard Odier established other strategic partnerships with banks in the Philippines, Thailand and Indonesia.
Indonesia funds struggle in 2018
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.
J Safra Sarasin in U-turn on Japan equities
Bank J Safra Sarasin has drastically changed its view of Japan equities from being optimistic on the asset class six months ago, according to Philipp Bärtschi, the private bank’s Zurich-based chief investment officer.
BoS and Japan’s SMBC Trust in HNW pact
Bank of Singapore and Japan-based SMBC Trust Bank have said they will partner to serve Japanese high net worth clients seeking offshore investments.
In case you missed it (11 May 2018)
Pinebridge hires Amundi veteran; Singapore’s IMAS names new CEO; London-based Architas enters Hong Kong market; China-based ICBC-Axa Life establishes asset management firm; SFC introduces guidelines on instant messaging; China extends RQFII programme to Japan; and more…
Hong Kong ETF AUM slips
The assets under management in Hong Kong ETF market slipped in the first quarter of 2018, placing it for the first time below South Korea, Morningstar data show.
