First State Investments intends to launch an absolute return strategy fund in Asia as it seeks to expand its product offerings, according to Jamie Grant, head of Asia fixed income.
Tag: Singapore
Asia better prepared for US rate rise
The US is poised to raise interest rates next year, but Asian markets look much better positioned than in 2013, when the expectation of an end to the US Federal Reserve’s asset purchases resulted in massive capital outflows from the region, said Jamie Grant, head of Asia fixed income at First State Investments.
Henderson appoints
Henderson Global Investors has appointed David Bennett as director of institutional sales in Asia, replacing Richard Clarke who recently resigned from his role.
Manulife appointment
Manulife Asset Management (Singapore) has poached UOB Asset Management’s Hui Min Ng to fill the newly-created position of director, Singapore equities.
China property sector
China’s property sector is down 8% this year, and Aviva is making highly selective decisions according to company and city, said Tim Jagger, senior vice president and portfolio manager for fixed income in Asia.
Nikko AM takes lead in passporting Singapore fund
Nikko Asset Management has received the go ahead from the Monetary Authority of Singapore to offer a fund under the ASEAN Collective Investment Scheme.
Distribution challenges in ASEAN CIS
The ASEAN collective investment scheme framework will take time to gain traction as the real challenge lies in penetrating the local distribution networks, according to research firm Cerulli Associates.
FSA Awards Hong Kong 28 January
Fund Selector Asia held its first-ever fund management awards event, which was celebrated at the Club Lusitano in Hong Kong on 28 January.
RHB AM floats equity fund
Malaysia’s RHB Asset Management has launched an Asian equity fund that aims to invest in companies with entrepreneurial characteristics.
Pioneer Fund Manager Interview – Piergaetano Iaccarino
Recent government policies in Japan and Korea are creating potential dividend yield opportunities, according to Piergaetano Iaccarino, senior vice president, Pioneer Investments.
