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.