Hong Kong asset managers jump on mutual recognition of funds initiative
Hong Kong has received 14 applications for products wishing to take part in China’s mutual recognition of funds (MRF) scheme, a new initiative which has loosened the flow of cash between the two regions.
Investment | 10 Jul 15
Signs of US equities comeback emerging
US equities enjoyed a resurgence in popularity in June, according to BlackRock.
Asia ‘behind curve’ in use of passive strategies
Global flows into exchange-traded funds may be steadily rising, but ETF usage is lagging among wealthy clients in Asia, according to Roger Bacon, Asia-Pacific head of managed investments at Citi Private Bank.
Investment | 10 Jul 15
ANALYSIS: Volatility, bad omens and the dangers of central bank intervention
It is probably a good thing that most investors don’t tend to believe in bad omens.
Tax & Regulation | 9 Jul 15
Auditor questions existence of Belvedere firm’s assets
Belvedere-owned offshore fund house, Four Elements PCC, claimed to have assets under management which might not exist, according to Mauritius-based auditor BDO.