Barclays appoints Asia Private Bank head
Wee Yee-Yong joins Barclays from Morgan Stanley.
The yuan-denominated corporate venture capital (CVC) fund will focus on investments across the artificial intelligence and life sciences ecosystem.
The fund will be distributed to retail investors in Mainland China through Tianhong Asset Management.
Here is a digest of significant wealth and asset management appointments, promotions and departures during the previous month.
Cai Shaojin replaces Gordon Ip, who is retiring.
The ETF will allocate 65% to Hong Kong equities and 35% to US equities based on a multi-factor approach.
The top performers were Asia and emerging markets focused strategies.
This week FSA provides a quick comparison of two Asia Pacific mixed assets funds: the HSBC GIF Managed Solutions Asia Focused Growth fund and the Value Partners Asian Innovation Opportunities fund.
The new HKD, RMB, and USD ETFs offer yield and liquidity for idle cash.
Frank Tsui was most recently with Value Partners, where he served as head of ESG investment and co‐head of client portfolio management.
The Hong Kong-based asset manager expects both Asian investment grade and high yield to remain attractive despite spread tightening.
The Value Partners Japan REIT Fund will invest in Japan’s $96bn listed real estate market.
The Hong Kong-based companies plan to launch a spot bitcoin ETF in Hong Kong later this year.
The fund, which was launched in September for professional investors, is managed by Sean Chang.
The fund is the company’s first sustainability fund designated as article 8 within the Sustainable Finance Disclosure Regulation.
George Lam joined the Asian asset management firm on Monday.
Sean Chang will take up the reins alongside fellow co-head Gordon Ip.