This month we highlight the power shift from global to local players in Asia's funds industry, profile the leading product selectors in Malaysia and rank the top 50 sharia fund managers in a special report on Islamic investing.
We explore a freeze in sovereign wealth fund mandates, pose 10 questions for Year of the Monkey, interview Future Fund CIO Raphael Arndt, look into China's second MMF evolution and consider why multi-asset funds face a survival test.
One wealth industry executive questions Etrade's commitment to Asia, but others say the firm's closure in the region should not be seen as a bellwether for the online advisory model.
The outgoing chairman for Asia of Nikko Asset Management suggests the amount of regulatory compliance attached to fund sales is preventing the industry from moving forward.
The fund firm would be cautious about moving into direct sales, said Michael Marquardt, Asia chief operating officer, who has overseen a big rise in the size of his team in recent years.
Industry firms stump up nearly $20 million in seed capital in order to finance a state-backed online venture meant to reduce traditional distributors’ stranglehold.