As the world’s largest passive product manager considers its mainland strategy, ETFs are unlikely to be part of it.
Tag: Vanguard
Vanguard joins global firms in China WFOE setup
Vanguard is the latest firm to launch a wholly foreign-owned enterprise (WFOE), enabling it to carry out various onshore investment services, according to a statement from the firm.
The FSA Spy market buzz – 19 May 2017
Change at Columbia Threadneedle; Movement at SSGA; GAM hires; Vanguard rocks UK; M&G sanity check; Wisdom from AB; Singapore’s mojo; Betting on Trump and much more.
In case you missed it – Fund News and Updates
Schroders and Vanguard launches funds for MPF’s default strategy; China’s AUM hits $9trn; Hong Kong’s SFC increases enforcement activity; Singapore’s MAS fines a fund manager for late submissions; more fintech partnerships and more…
Survey: HK advisers see fee-based model trend
About 75% of Hong Kong’s financial advisers acknowledge a trend toward fee-based wealth management, according to a Vanguard survey report.
Vanguard reshuffles top Asia management
Citing a China build out, the firm has promoted David Cermak to head of Asia and Charles Lin to lead China business.
Vanguard sees slow ETF progress in HK
Vanguard follows BMO GAM in cutting the cost of investing in its Hong Kong-listed ETFs with the aim of attracting more capital.
Bogle warns Asian investors on smart beta hype
Smart beta has failed to beat traditional index funds over the long term, said John “Jack” Bogle, founder of Vanguard Group, in a live videolink at Morningstar’s event in Hong Kong last week.
Vanguard: China credit crisis unlikely
Chinese policymakers are capable of preventing a credit crisis, according to Qian Wang, senior economist for Asia at Vanguard Investments Hong Kong.
The FSA Spy market buzz – 27 May 16
Vanguard goes to the dark side; CIOs and reality; Finance goes Game of Thrones; Asset managers may offer best value; Cow collateral; Natixis is advertising.
