Malaysian asset managers' share of global sharia-compliant funds could overtake that of firms based in Saudi Arabia, according to AsianInvestor's annual ranking this year.
Bangladesh, Pakistan and Sri Lanka are new markets for the UK fund manager. Meanwhile, algorithms need to adapt to new trading hours in the region, says its Asia head of trading.
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Several senior staff are believed to have left the fund house following its merger with Pioneer Investments, including heads for Asia institutional and China, as well as a lead equities PM.
M&G appoints Asia-Pacific chief; Axa IM names Asia real assets head; VP Bank's Singapore head to step down; Goldman's new MDs in Asia; BNY Mellon IM hires for China; J. Safra Sarasin adds to UHNWI team; and more.
The country's regulatory authorities could lift restrictions on repatriation of capital from qualified foreign institutional investor investments, offering new investment opportunities.
JP Morgan Asset Management has expanded its Southeast Asia coverage, but has seen at least two individuals leave in Hong Kong, one for a rival US fund house.
Last week mainland regulators handed private fund management licences to Invesco and Value Partners, and eased foreign-ownership limits on financial services firms.
The country's asset management market is predicted to grow to $17 trillion by 2030, with foreign firms expected to hold a 6% share, according to Casey Quirk.
In the first of a two-part article on Beijing’s easing of foreign-ownership limits on financial services firms, some market experts suggest the changes will not have a big impact.
The head of strategy and portfolio investment at Samruk-Kazyna explains how the institution is expanding its network of private and public partners to help it develop its economy.
After 13 years with the firm and a long stint in Asia, he will leave the global role.
Axa announces Asia CEO; Axa IM's Asia SWF head leaving; UBS AM hires director in Singapore; Sanctum WM appoints Singapore executive; HKMA makes senior appointments and more