More wealth industry consolidation looks inevitable in Asia, as firms face higher costs, margin compression and rising competition from independents. They must adapt, but how?
And some institutional investors are looking at listed infrastructure funds as a way to get liquid exposure, says Matthias Meyer of Deutsche Asset & Wealth Management.
The asset management arm of a giant Canadian wealth firm has won the first RQFII licence in North America, months after it established a Hong Kong office.
Deutsche AWM names client chief; Saratoga appoints president director; UBS hires China head; Vontobel boosts Asia team; Symmetry adds managers; Alpine River hires trader; and Contineo gets operations chief.
Five foreign fund managers have been given $100 million quotas under Shanghai's alternatives investment scheme. The new QDLP batch is more diverse and includes real estate managers and funds of hedge funds.