Pictet warns to steer clear of US equities
The expensive valuations of US equities have made Luca Paolini, Pictet Asset Management’s London-based chief strategist, urge investors to be very cautious.
HK regulator brings in fee disclosure for fund managers
Hong Kong’s Securities and Futures Commission now requires fund managers to disclose the ongoing charges figure (OCF) on their funds’ key facts statements (KFS), according to a circular from the regulator.
Lion Global launches `disruptive’ tech fund
Singapore’s Lion Global Investors has launched a retail fund that invests in disruptive industries.