Several external asset managers in Asia are said to be wooing prospective acquirers, including private banks. But would such moves benefit clients?
Leveraged and inverse exchange-traded funds contain an inherent inefficiency that can be exploited for profit by options traders, say industry experts.
The US-based asset manager has hired a Greater China equity portfolio manager and three other investment professionals.
This comes against a backdrop of fears over potential policy mistakes by the US or European central banks, according to the monthly Bank of America Merrill Lynch fund manager survey.
There has also been a robust rise in the number of asset management firms licensed in the city, according to the local regulator's annual report on fund management activity.
The Hong Kong-based fund house has promoted internally to fill the role, amid an ongoing management reshuffle.
Local investment boutiques will continue to prosper in Asia, alongside cross-border tie-ups, say executives from global fund houses, given the high cost of building onshore businesses.
The US property investment firm has closed its international branches, laying off most of its portfolio managers in the process, say sources.
The Swiss firm plans to launch onshore China bond and equity funds, and at least two more asset managers are said to be close to winning licences for private fund management.
Beijing faces huge hurdles to developing a retirement benefits system, and it does not help that the private sector is giving "dangerous" advice, argues consultant Stuart Leckie.
Mabel Chan left the fund house in June, just eight months after she joined. The departure comes on the back of a team restructuring, said a source familiar with the firm.
The city-state should see digital advisers proliferate once a new framework is in place, says Liew Nam Soon, managing partner at EY. But there's a way to go before that happens.
Two more senior executives have left the Hong Kong fund house following a recent leadership shake-up.
But it may be some time before China inks its own cross-border funds agreement with another country.
The $2.4 trillion funds giant said it would appoint replacements in the two pan-Asia roles.
Emerging-market equities will build on big recent gains, despite concerns over China, argue investment specialists at Pictet Asset Management and Societe Generale.
The Korean firm's head of ETF strategy said the asset manager's expectations had not been high for its first leveraged and inverse products in Hong Kong, as it moves to delist them.
The US firm, among the leading foreign fund houses in Taiwan, sees country head Judy Shih leave after 15 years of service and is bringing in other senior executives.
Investors look set to use the Chinese cross-border scheme for some years yet. It still offers certain advantages over Stock Connect, including lower trading costs, say fund executives.
APS founder and CIO Wong Kok Hoi discusses the Singapore firm’s alliance with US-based Rothschild Asset Management and says a larger agreement is coming.