Asia
Aberdeen launches shariah fund in Indonesia
Aberdeen Asset Management has launched its first Shariah equity fund which will focus on investments in India, Australia and Japan.
Amundi AM debuts ETF in Hong Kong
Amundi Asset Management’s first ETF launch in Asia tracks the biggest Hong Kong-listed companies and has a non-China focus.
Meyado acquires assets of Portfolio Builders in Singapore
Meyado Private Wealth Management, which is headquartered in London, said its Singapore operation has bought the assets of local financial advisory firm Portfolio Builders for an undisclosed sum.
Survey: 2016 is the year for Asian equities
However, Japan is among the markets least likely to outperform this year, according to a sentiment survey of 1,200 institutional and professional investors conducted by Credit Suisse.
Australia’s NAB restructures HNW business
The National Australia Bank Group, one of the country’s big four banks, has restructured its high net worth (HNW) business, which will see its private banking arm renamed NAB Private.