Hong Kong fund industry tax concerns under review
The Hong Kong Government will be conducting a comprehensive review of the existing tax concessions applicable to the fund industry, according to Paul Chan, Hong Kong’s financial secretary.
Partnerships key to growing AUM in India
A strong local partnership is an important part of building up assets under management in India, with eight of the 10 largest fund managers in the country being joint ventures, according to a report from Boston-based research firm Cerulli Associates.
Thumbs up for Europe’s troubled sector
European banks are more healthy than two years ago, and they pay dividends, according to Richard Brown, London-based client portfolio manager at Janus Henderson Investors.
T Rowe Price to launch bond funds in Hong Kong
Global investment manager T. Rowe Price plans to sell four fixed income funds to retail investors in Hong Kong for the first time, according to records from the regulator.
Fullerton and Man Group to launch private funds in China
Singapore’s Fullerton Fund Management and alternatives specialist Man Group have received private fund management (PFM) licences from the Asset Management Association of China.