Sebi's latest proposals to segregate advice and product distribution indicate a marked shift in thinking and plugs loopholes that were to the detriment of investors, said experts.
The unveiling of China’s new leaders helped to resolve lingering uncertainties over the country's political future, and raised the likelihood that financial reforms will continue.
Asian institutional investors look set to look for more factor-based strategies over the next five years, probably at the cost of lower passive or active strategies, a study by Invesco shows.
Product governance rules under Mifid II are likely to affect the operations of Asian product producers, but most firms remain unprepared for the changes to come, say experts.
The US asset manager has seen William Tan exit, not long after it appointed a head of institutional business for Asia.
The Australian fund house has poached from Deutsche Asset Management and Invesco to add to its private bank and intermediary sales teams for North Asia.
The Swiss fund house has named its first Asia head of intermediary sales, but has no plans to tap the retail market in Hong Kong or Singapore. AsianInvestor spoke to the firm's regional CEO.
The $388 billion US-based systematic asset manager is registering eight funds in Singapore and has moved an executive there to expand its distribution through advisers in the region.
The future of the firm's Asia retail business has been questioned after senior departures. Sources cite rising costs and tightening regulatory requirements as contributory factors.
Asset managers have been busy expanding their distribution teams in Asia, and Eastspring Investments is the latest to do so, appointing Monique Tse to a newly created role.
A newly created senior role at the US asset manager is in line with a growing focus on wealth managers as a channel for fund sales in Asia.
Another member of the intermediaries business at BNY Mellon Investment Management has moved on, but a new team head has been appointed.