Mirae Asset GI hires Asia sales head; MAS revokes licence; UBP hires heads of DPM, Greater China; CTBC PB product head exits; Amac sets up committees; HNA names CIO; China Life Group president moves to PICC; Allianz names corporate development head; Jupiter adds client, sales heads; First State announces high-yield team.
Swiss private bank Lombard Odier has signed a strategic agreement with UnionBank, to launch global and diversified multi-asset funds for the Philippine bank’s high-net-worth investors.
Today we unveil the fund houses ranked 51st to 75th by Asia-Pacific AUM in our annual survey. Nine of them were US firms, with Janus Capital posting particularly strong growth.
JP Morgan and UBS still head Z-Ben Advisors’ annual list of the leading foreign fund firms in China. Meanwhile, AllianzGI, Morgan Stanley and Fidelity have leapt into the top 10.
The 2016 Korea Institutional Report, from AsianInvestor's new research arm, gives a comprehensive breakdown of investment activity among the country’s largest asset owners.
Passive fund houses are likely to wait for direct access to China’s mutual fund market, but this entails risks, says a report to be released today by Standard Chartered and Z-Ben Advisors.