AsianInvestor’s most read articles: November 2017

Nov 30, 2017

Last month we broke exclusives on moves at CPIC Life, JP Morgan AM and Fidelity, and assessed developments in China. But changes at Amundi again attracted the most attention.

<i>AsianInvestor</i>’s most read articles: November 2017

Here we present the stories from our daily newsletter that were most popular among readers in November in descending order, with number one the recipient of the most hits. Excluded from the list are our weekly roundups of people news.

1. Amundi cutting 70 in Asia, moving funds to London (By Joe Marsh, 27 November)

The fund house is laying off most of its investment and operations staff in Hong Kong and Singapore in a post-merger restructuring, while keeping teams intact elsewhere in the region.

2. Investment and sales heads exit Amundi Hong Kong (By Joe Marsh, 16 November)

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.

3. China poised to lift restriction on QFII capital repatriation (By Richard Newell, 10 November)

The country's regulatory authorities could lift restrictions on repatriation of capital from qualified foreign institutional investor investments, offering new investment opportunities.

4. JP Morgan AM adds in sales, loses one to Invesco (By Joe Marsh, 6 November)

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.

5. Axa Insurance to add niche bond and ESG funds (By Indira Vergis, 1 November)
The Singapore-based deputy director for investment and wealth management at Axa Insurance is adding funds in both areas in response to rising investor demand.

6. Invesco stresses onshore focus as China opens further (By Jolie Ho and Joe Marsh, 11 November)

Mainland regulators handed private fund management licences to Invesco and Value Partners, and eased foreign-ownership limits on financial services firms.

7. Fidelity International CIO John Ford steps down (By Joe Marsh, 9 November)

After 13 years with the firm and a long stint in Asia, he will leave the global role.

8. China to be second largest asset market by 2019: report (By Christina Wang, 7 November)

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.

9. New China ownership rules “won’t spark foreign inrush” (By staff writers, 14 November)

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.

10. CPIC Life to issue multi-asset mandates, ready HK unit (By Jolie Ho, 23 November)

China’s third-largest life insurer has invited pitches for three overseas mandates that focus on multi-asset strategies. The three mandates will be worth $128 million in assets.