Noah opens Australia office; Bank of Singapore hires for Europe; OMGI outsources its China equity fund to Ping An of China; JPMAM’s head of Asia fixed income leaves; EIP names head of Asia investment; HSBC Global AM launches Asia fixed income fund in Singapore; ESG initiatives from Franklin Templeton, Robeco and Eastspring; T Rowe Price and Capital Group win Morningstar “best fund house” awards; and more…
Robeco fund managers Patrick Lemmens and Jeroen van Oerle have declared Asia the “fintech hub of the future”.
Robeco’s Patrick Lemmens said the asset management industry is still using fax machines to run operations and technology upgrades would have a strong impact on efficiency.
Ex-Fullerton CEO reappears at Franklin Templeton; BNPP AM creates APAC chief marketing role; Robeco hires Blackrock’s APAC head of PB and wealth distribution; US-based Metlife receives AM licence in Hong Kong, while Barings Investment Advisers loses it; “millennial fund investors not unique”, warns Cerulli; and more…
Artificial intelligence, blockchain and big data create a lot of buzz, but many fintech opportunities lie in old technologies, such as banks’ core systems that are in desperate need of updating, argues Partick Lemmens, senior portfolio manager at Robeco.
Asset managers selling Ucits products in Asia are now subject to new Mifid II rules, which will force decisions on their strategy for research, said Maurice Meijers, CEO of Robeco Singapore.
A downgrade for a Blackrock product and upgrades for Robeco, T Rowe, Xtracker, Parvest and two Fidelity funds, according to the firm’s monthly note to clients.
Hong Kong’s equity market is likely to see a slowdown in mainland investment next year due to some new regulations and the proposed US tax reform could hit the technology sector, said Victoria Mio, co-head of Asia-Pacific equities and chief investment officer for China at Robeco.
FSA compares the Henderson Horizon Global Property Equities Fund and the Robeco Property Equities Fund.
Downgrades for Fidelity, Franklin and Investec products and upgrades for two Pimco funds in the firm’s monthly note to clients.
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