hk equity funds fare best in q3
Equity funds were popular in Hong Kong during the third quarter notching up net inflows of US$1.8bn, while bonds funds suffered net outflows of US$2.7bn, according to the Hong Kong Investment Funds Association.
asian institutional assets to hit 17trn Cerulli
Cerulli Associates forecasts investable assets of Asia ex-Japan institutions to hit US$17trn (£10.55trn) by 2017, representing a compound annual growth rate of 10%, led by the Southeast Asian region.
People Moves | 19 Nov 13
absolute asia in hunt for ceo as bill sung quits
Absolute Asia Asset Management is looking to replace chief executive and CIO Bill Sung after he announced plans to leave the company at the end of this year.
People Moves | 15 Nov 13
puay lit tan takes multiple roles at bnp
BNP Paribas Investment Partners, the asset management business of the BNP Paribas Group, has appointed Puay-Lit Tan as head of official institutions, Asia Pacific and deputy chief executive officer in Singapore.
manulife holdings buys MAAKL Mutual
Manulife Holdings Berhad, the Malaysian arm of Canada's Manulife Financial, has agreed to acquire MAAKL Mutual, a Malaysian unit trust company, from the MAA Group Berhad and other shareholders.