BEA Union Investment tests the water by introducing two Asia-focused funds to Swiss investors through the Mutual Recognition of Funds (MRF) scheme, according to CEO Eleanor Wan.
Mixed-asset funds don’t necessarily keep up when equity markets are rallying, according to Colin Graham, BNP Paribas Asset Management’s chief investment officer and head of active asset allocation multi-asset solutions.
Hong Kong financial company Mason Group Holdings has announced plans to build an offshore wealth management business with at least $3bn in assets through a series of acquisitions.
Best-performing funds neither stray far from their benchmarks nor stay too close to them, but take the middle-road, according to FSA's analysis of Asia-Pacific ex-Japan equity mutual funds.
Italian bank Unione di Banche Italiane reduced its stake in Zhong Ou Asset Management to 25% from 35%, by transferring shares to 11 members of the firm’s management.
Malaysia continues to dominate Southeast Asia’s Shariah fund market, but demand has been driven by institutional investors, with little interest from HNWIs, according to a report by Boston-based research firm Cerulli Associates.
The China Securities Regulatory Commission's former vice chairman Yao Gang was charged with corruption, according to the Central Commission for Discipline Inspection (CCDI), an anti-graft body.
Yinhua Fund Management, an independent mainland asset manager set up in Hong Kong, received approval from Hong Kong’s Securities and Futures Commission to sell a fixed income product in the SAR through the Mutual Recognition of Funds (MRF) scheme, according to the SFC.
Asset allocators in Hong Kong and Singapore tell FSA they are planning to increase allocation to European equities and data shows that capital flows into European equity funds have been increasing.