The new rules from the European Securities and Markets Authority will affect research consumption and fund distribution in Asia, according to a roundtable by AsianInvestor and BNP Paribas.
Emerging markets fund manager Victoire Asia Investment VAI has received approval in Hong Kong to undertake business in the region and brought in two more investment staff....
The region’s pension funds are accumulating assets fast, but struggling to make returns. They should allocate more towards smaller companies.
Life companies such as FWD and Prudential are ramping up efforts in Thailand to sell more unit-linked products and thereby reduce their investment risk. They face familiar challenges.
The new rules seek to close lending loopholes and break implicit guarantees in private funds, and follow similar efforts to curb such irregularities in asset management products.
Swiss group UBP's asset management arm has lured a senior portfolio manager from its Dutch rival.