From October 15 overseas managers will be subject to stricter rules in Taiwan, making access more difficult for smaller players above all. There is already evidence of this having an effect.
Juan Li, senior vice president of wealth management products at Taiwan's CTBC, outlines the selection and onboarding process at the country's biggest bank by fund sales.
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Hong Kong tycoon Richard Li's Pacific Century Group conglomerate has moved Paul Carrett from life insurance subsidiary FWD to become chief investment officer of its operation.
The US fund house’s president and de facto head of client coverage for Asia is returning to his native UK for personal reasons, having built out the regional business.
The C$205 billion Canadian pension fund is putting expertise in place to focus on various new areas in Asia.
The large Chinese insurer is adding investment, sales and operational staff to its Hong Kong asset management unit, reflecting a rising trend.
The rise of environmental, social and governance issues to become a core aspect of the investment process has led to asset owners more closely examining fund manager claims.
Tackling Asia’s ageing population demands post-retirement solutions that provide additional income. Schroders Portfolio Solutions Team says a robust solution depends on a framework to address differences in time horizon, certainty and level of income, and risks of outliving assets.
The state investment company suffered a 2.28% loss in the 12 months to March 31, smaller than many rivals. It is targeting technology and sustainability in its plans.
The MPFA is approving fund houses that will be introducing investment products for post retirement, while making other efforts to improve the pension system.