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.
Japanese pension plans have not tended to put much focus on environmental, social and governance ESG factors when making investment allocations, but that may be slowly changing....
HSBC PB names global PWS head; BNY Mellon IM appoints China intermediary distribution head; Amundi poaches from Barings; Schroders names SE Asia multi-asset head; Wellesley plans wealth practice and more.
BNP Paribas Wealth Management has poached an executive from LGT Capital Partners, and other private banks are also looking to strengthen their direct investment teams in Asia.
The region is set to see more active ETFs and more product choice in 2018. ETF Connect could also be a game changer, but bitcoin ETFs are unlikely, say industry players.
Private equity funds aim to benefit from smaller companies' troubles amid new labour policies and an inter-generational wealth transfer. That could attract local asset owner support.