With November’s planned production cut by the Organisation of Petroleum Exporting Countries (OPEC), global investors have sold down leveraged oil and moved to short the commodity.
Siew Meng Tan is to succeed Bernard Rennell as Asia-Pacific head of global private banking starting next year, while Rennell becomes a senior advisor to focus more on the client side.
Thai equities have mostly recovered after plunging in the wake of the death of the King, but now the military-appointed government is attempting to navigate official approval of a new constitution and handle the first royal succession in seven decades.
FSA has managed to find a bold group of industry thinkers who are unafraid to speak their minds on crucial industry topics. This week: Commission-based models.
Real estate investment trusts may see total returns come off recent highs by the end of calendar year 2016, as energy infrastructure and dividend-paying stocks take the lead among equity assets that provide regular income, said Mark McAllister, senior portfolio manager at Clearbridge Investments, a Legg Mason affiliate.
Selling European equities and buying global emerging market stocks is developing into the great trend of 2016.
The Common Reporting System -- a partnership among various countries' regulators -- will make it more difficult for Asian HNWIs to keep undisclosed money offshore, said Richard Corrigan, interim director of financial services for the Government of Jersey.
Robeco hires; Progress at T Rowe Price; Chinese thoughts from Matthews Asia; Maybank’s fund list; Liquid ETFs; Central bank balance sheets and much more.
China has reported annualised gross domestic product growth of 6.7% for the third quarter, in line with market expectations and the government’s own forecasts. But market watchers are suspicious about the medium-term outlook.