The chairman of the $1.4 trillion Capital Group Companies has died of a heart attack.
The US asset manager is looking at servicing retirement needs in Asia by building a regional retail investment business, Capital Group chairman Jim Rothenberg tells AsianInvestor.
While mutual recognition is being launched tomorrow, consultants have highlighted the panoply of alternatives. These could include an expanded QDLP, a liberalised QDII and the popular WFOE structure.
Foreign managers applying for northbound fund passporting have been advised to start planning their sales and marketing campaigns immediately. A social media presence is seen as essential to success in China.
YT Kum, the research firm's head fund selector for Asia, explains how he determines the quality of a portfolio manager.
Amac unveils 25 new memberships to include private equity players, insurers and securities firms. Regulations are being eased to allow such houses to start fund management businesses.