Chinese firms are driving prime real estate prices in Hong Kong's Central district to record highs, even as several large tenants exit or reduce floor space following mergers, says JLL.
Instead of a joint SFC-HKEx committee to rule on listings and develop policy, itself a compromise, investors are left with a consultative panel that lacks any formal powers.
Wealth advisers agree that high net worth investors are increasingly turning their attention to outright asset performance when it comes to investing via funds.
The region's family offices are keen on real estate, equities and increasingly US private credit, according to a joint report by UBS and Campden Research.
Both fund managers and financial advisers believe the territory needs to update its regulation of business referrals, which has left many companies operating in a legal grey zone.
A start-up platform that rates fund selectors is seeking more Asia participation, but that could be a tough slog given the low penetration of funds in the region, according to experts.
Hang Seng Bank aims to add to its selection of alternatives funds and enhance its digital platform, says Rosita Lee, head of investment products and advisory.
China is regaining its lustre with clients, according to Rosita Lee, head of investment products and advisory business at Hang Seng Bank.
Nasdaq poached the executive on Monday as its first Asia-based exchange-traded products head, as part of an effort to take advantage of more passive investing in the region.
Grizelda Lee has been promoted as the new head of discretionary portfolio management, replacing Pascal Meilland, who has left the company.
The US asset manager has strategically invested into a Singapore-based robo services firm. Other fund houses could follow as automated investing continues to rise across Asia.
The asset management arm of Canadian insurer Sun Life has hired a replacement for a portfolio manager on its Mandatory Provident Fund team in Hong Kong.
Consultancy CompliancePlus has raised concerns about Hong Kong's proposed rules for a new open-ended fund structure in its submission to the regulator.
The Shenzhen-based group is expanding its presence in Hong Kong and has other overseas branches in the pipeline in Europe and the US, in a bid to sustain its rapid growth.
The US asset manager saw its lead China portfolio manager depart last month and has promoted internally to replace her.
The Choi family is cashing out of premium properties in its hometown to invest HK$10 billion ($1.3 billion) in Australian real estate.
The Hong Kong Investment Funds Association is firmly against stock exchange proposals to allow dual-class share structures. But asset managers are divided on the issue.
The fund is joining the list of Asian asset owners looking to reduce their reliance on the Barclays Global Aggregate index. AsianInvestor spoke to HKHS's head of treasury.
The bank's Hong Kong head of investment product and advisory outlines how it is looking to encourage clients to make greater use of funds and discretionary management.
Asian investor short-termism is seen as partly to blame for the shift, which came amid the region’s strong stock rally this year. Balanced and bond funds, by contrast, drew strong flows.