The Islamic law compliant product will have exposure to China new economy stocks.

The Islamic law compliant product will have exposure to China new economy stocks.
HSBC PB connectivity promotion; EFG senior hire; Value Partners elevates fixed income manager; TRP Asia equity fund promotion; Credit Suisse reshuffle.
UOB loses; Value Partners gains; Amundi’s profits; Morgan Stanley’s JV; In defence of Abrdn; VanEck mines digital; Blackrock’s market cap dominance; advertising and much more.
Value Partners expects corporate earnings in the region to grow 25%, which should increase equity dividends.
Aegon AM prepares for QDLP qualification; BNP Paribas Wealth names new head of China market; Lombard Odier IM bolsters Asian/EM equities team; and more…
The firm has appointed two China co-heads to lead its retail and institutional businesses in the mainland.
Gross performance fees drove the firm’s net profit, which was up 160% in 2020.
In total, the Hong Kong-based firm manages 13 PFMs in the mainland.
The firm has registered its first offshore fund in Taiwan. It currently has no plans of establishing an onshore business in the market.
Italian firm Azimut and Korea’s Mirae Asset are also expected to roll out private funds to qualified mainland investors.
Part of Mark Allen.