China opens door further by clarifying ‘beneficial ownership’
The China Securities Regulatory Commission has said Northbound investors buying through the Stock Connect enjoy proprietary rights, clarifying a key outstanding issue for foreign investors.
Fixed income supply can’t meet epic demand, says BlackRock
Ageing populations have created incredible demand from pension funds and insurance companies for long-dated assets, but the supply falls way short, according to Rick Rieder, BlackRock’s chief investment officer of fixed income fundamental portfolios.
Baring launches three Hong Kong-domiciled funds
Local demand for income investments, a simplified registration process and the ability to add an RMB share class were good enough reasons to launch the locally-domiciled products, Gerry Ng, CEO of Asia ex-Japan, told Fund Selector Asia.
OMGI extends Asia push amid tough competition
Product launches, additional local staff and Hong Kong-domiciled funds are part of the plan as Old Mutual Global Investors extends an aggressive Asia expansion, Warren Tonkinson, head of distribution, tells Fund Selector Asia.
People Moves | 9 Feb 15
Alexa Lam steps down as head of SFC
Hong Kongs Securities and Futures Commission has appointed Julia Leung as executive director of the investment products division, replacing Alexa Lam who plans to retire after 16 years with the regulator.