The Chinese fund firm is setting out to list a new ETF in Shanghai tracking Germany’s Dax index, which will test shaky domestic investor appetite for overseas stocks.
After receiving its RQFII quota, Harvest Global Investments plans to launch its MSCI China A ETF in mid-October, saying it will offer the broadest access yet to the A-share market.
Ko Sungwon, head of global fixed income at Korea’s NPS, suggests adding corporate credit, EM bonds and global equities to augment returns in the low-rate environment.
Mainland trust companies and insurance asset managers will find it easier to grow their funds businesses following a relaxation of the rules on opening securities accounts in China.
Chinese trust companies are expecting the regulator to broaden the range of securities they are permitted to invest in, until they are eventually on a par with fund managers and securities firms.
Schroders cuts to affect Asia; SSGA's Asia head of portfolio strategists exits; BNY Mellon IM Greater China insto head departs; Korean hedge fund closes HK office; Ping An AM CIO moves on; China Everbright CIO departs; M&G sets up Asia credit origination team; Aberdeen Standard HK/China marketing head to exit; and more.
Ex-Capitaland IM chief joins Oaktree; Fidelity hires ex-BlackRock ESG specialist; Janus Henderson hires institutional sales; State Street adds sector solutions head; Old Mutual replaces departed head of HNW sales; Andy Chai exits BNP Paribas; HSBC Private Banking shuffles Asia management; and more.
The Dutch pension fund giant provided exclusive detail to AsianInvestor about its plans and expectations for the new portfolio, to be run with the help of local partner E Fund.
In the aftermath of revelations about the co-working firm's poor governance, family office executives reflect on how private investments in disruptive companies should be made.
Aberdeen Standard's equity investing process in Asia is changing as it ups its China exposure and the team sees high turnover, raising questions for allocators, Morningstar says.
Last night AsianInvestor unveiled the winners of the last four award categories: Japan, Endowment, Best CIO and Individual Contribution to Institutional Investment.