Barings creates head of APAC and China roles; Deutsche AM names head of APAC alts; BNPP AM to offer ESG funds to Hong Kong’s retail investors; JP Morgan AM in Australia excludes tobacco stocks; Japan messaging app Line launches $10m crypto fund; and more…
HSBC Retail Banking and Wealth Management has appointed Donna Cotter as a Hong Kong-based head of strategic partnerships for global insurance.
PE firm Warburg Pincus to acquire a 49% stake in China’s Fortune SG Fund Management from Lyxor AM; Swiss hedge fund firm Gottex AM loses its HK asset management licence; SSGA seeks an APAC head of asset stewardship; LGIM names Danny Kwok as APAC head of equity trading; a Hong Kong Manulife employee receives Guinness World Records title as “the longest career as a corporate salesperson”; and more…
Upgrades for Allianz, Fidelity, First State, Schroders and Templeton and coverage initiated on several others, together with the new “sustainability rating”.
BNPP IP promotes; South China and Manulife hires; Alts voting; EM reminders; Hedge fund billionaires; Rebranding and much more.
Investors in China take the most risk, while Japanese investors are the most risk averse, according to a Manulife study on the risk appetite of investors in Asia’s five wealthiest markets.
New alternatives specialist fund selector at StanChart; changes at HSBC PB and GAM; another move to Standard Life Investments; new sales person for VAM and more.
People moving around at HSBC, Invesco, Manulife; China’s turnover; summer ad campaigns and more.
The two sectors have been strong performers due to various reasons. In the financial sector, banks have benefitted from a loosening monetary policy, which is expected to continue this year. The People’s Bank of China has cut both interest rate and banks’ cash reserve requirement ratio three times each since November to combat an economic […]
“We trimmed exposure to India and Korea as we were concerned after the run-up [in markets]. We had different instances when target prices on stocks were reached,” said Csellak in an interview with Fund Selector Asia. Volatile Korea Korea with a 20.7% weighting and India (17%) were still the top country allocations of the Manulife Asian […]
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