Asia
Chinese mainland investors warm to offshore products
Downward pressure on the renminbi and A-share volatility are prompting China’s investors to diversify their assets, said David Leung, head of wealth management at Standard Chartered Bank in China.
Nikko AM to launch themed ETF in Japan
Nikko Asset Management will launch an exchange traded fund that tracks Japanese companies investing in physical and human capital.
Deal extends LGIM’s reach in Japan and Nikko AM’s in Europe
Legal & General Investment Management (LGIM) and Nikko Asset Management announced on Wednesday the signing of a business cooperation agreement that will expand LGIM’s presence in Japan’s fixed income market and further Nikko’s aims in Europe.
Focus Financial enters Australia after signing up MW Lomax
The US-based partnership of independent wealth management firms, Focus Financial Partners, has expanded its international network to Australia by signing up the Melbourne-headquartered MW Lomax Group.
Vanguard eyes fund, ETF launches in HK
ETFs could get a boost when they are allowed to be traded through the stock connect programmes, according to James Martielli, Vanguard’s head of portfolio review for Asia.