BlackRock cuts to hurt Asia less; Malaysia's PNB names new CIO; Merian appoints HK sales head, global CEO; Sanne opens Tokyo branch; AllianzGI replaces Asia general counsel; and more.
Hong Kong’s Value Partners has said it is monitoring a fund misappropriation probe and potential default at the subsidiary of its China joint venture.
Chinese regulators are putting up unnecessary barriers to fund managers wanting to take advantage of mutual recognition of funds between Hong Kong and the mainland, believe industry experts.
The US firm is looking to lure more Asian institutional money into its exchange-traded funds, but regionally listed products remain a hard sell.
The logistics sector is one of the hottest in Asia and the Canadian pension fund is steadily ramping up its focus in this area, says a senior executive of the firm.
Good ideas appear obvious with hindsight but the Hang Seng Big Bay Area indexes are a great market indicator for investors who are interested in investing in a dynamic region in the making.