The fund house is assessing the prospects of establishing its first offices in Indonesia, Malaysia and Thailand in order to support Southeast Asian growth. Offices could open within two years if they get the go-ahead.
Bachelors and bachelorettes looking to marry are the most confident in their investment capabilities, but have the least amount of wealth to invest, finds a new survey.
Fidelity Worldwide Investment expects growth in its institutional investor-base to outpace that of its retail business. Hiring is on the horizon.
The firm has introduced a new fee scheme for Hong Kong retail investors that it may export around Asia, with plans to increase provision of funds from external houses.
Changes at the top at Qatar’s state fund; Natixis hires Amundi director; Barings snags ex-BlackRock finance controller; Taiwan Stock Exchange appoints president
Institutional investors are buying a broader range of assets to meet income needs, including emerging market credit, high-yield bonds and high-dividend equities.
David Webb says "hats off" to Fidelity Worldwide Investment's new policy requiring company managers to better align compensation to shareholder interests.
The retail distribution specialist is set to start in the new year as regional head for Asia ex-Japan, tasked with building a business that caters directly to retail investors.