The bank will hold a 70% stake in, and has chosen a chief for, the first foreign-majority-owned joint-venture fund house in China, as offshore players mull how best to access mainland clients.
The head of investment products and advisory at Hang Seng Bank explains how her firm is tackling the challenge of educating Chinese investors under the mutual recognition of funds scheme.
Fund managers in Hong Kong discuss what’s at stake as they dive into the brave new world of marketing products across the border.
Our 14th and 15th most influential selectors are Bruno Lee of Manulife, who is helping the insurer reposition in Asia, and Rosita Lee, a 20-year veteran of Hang Seng Bank.
Mainland individuals are looking to boost their offshore exposure, but their return expectations – while lower than in the past – remain stubbornly high, an AsianInvestor forum heard.
The Hong Kong bank's head of investment products wants to add thematic funds onto its platform, with a particular eye on old-age industries. The bank also aims to offer more equity products and currency classes.