The assets in Hong Kong SFC-registered mutual funds grew by 15.3% over the past 12 months, according to the regulator’s quarterly report for June 2017.
Tag: Securities and Futures Commission
In case you missed it – Financial News Updates
SSGA promotes Mark Hui as head of global equity beta solutions for Asia (ex-Japan); Natixis names Tony Huang as Taiwan general manager; Capital Group hires from Income Partners for institutional distribution role; JPMAM wins global equity mandate from New Zealand-owned Gareth Morgan Investments; Australia’s AMP Capital raises $1bn from Asian investors for infrastructure strategy; investors pour more money in hedge funds; and more…
Malaysia, Japan AMs to launch HK funds
Capital Dynamics Asset Management and Daiwa SB Investments have received authorisation from Hong Kong’s Securities and Futures Commission to sell their funds in Hong Kong, according to the regulator.
SFC warns private fund managers
Hong Kong’s SFC has identified a number of potential regulatory concerns over firms engaged in managing private funds and discretionary accounts.
In case you missed it – Asian Funds and Markets News
Schroders sells its Asian Asset Income Fund in China through the MRF; Aviva Investors creates real estate role in Singapore; Vontobel AM hires three new analysts for its growth equity team; New Zealand sees its first green bond; Morningstar acquires stake in ESG research and ratings firm Sustainalytics; and more…
HK regulator inks cooperation pact with UK
The Securities and Futures
Commission signed an agreement with the UK’s Financial Conduct Authority (FCA) to strengthen cross-border regulatory cooperation.
Hong Kong’s private wealth assets grow by 9%
Hong Kong’s private wealth management assets reached HK$5.2trn ($670bn) in 2016, growing by 9% and increasing their share of the overall fund management business in the territory, according to a report by the Securities and Futures Commission.
In case you missed it – Funds and Asset Management Updates
Aviva Investors names Charles Wong as head of Asia wholesale distribution; Pinebridge poaches APAC marketing exec from SSgA; a fintech association launches in Hong Kong; fintech agreements in Singapore and Malaysia; CSOP’s China ETF sees huge inflows following MSCI’s China inclusion announcement; and more…
HK sets exam waiver for AM licenses
Hong Kong’s Securities and Futures Commission is smoothing the way for more asset management licenses by relaxing some regulations.
HK’s mutual fund assets hit $1.38trn
Hong Kong’s mutual fund assets are up 8% year-on-year to $1.38trn, according to the Securities and Futures Commission’s 2016-2017 annual report.
