Asia
HK milestone: First funds approved for sale through MRF
Here are the first four mainland funds to be approved by the Securities and Futures Commission (SFC) for public offering in Hong Kong through the Mutual Recognition of Funds initiative.
UBS WM bullish on Europe, China
A strong overweight on equities in Europe and a surprising move on emerging markets are among UBS’s allocation calls for 2016, according to Patrick Grossholz, Asia-Pacific head of investment management.
FE launches HK advisory services
FE Advisory Asia will provide research and model portfolio services to address the growing number of funds authorised by the Hong Kong Securities and Futures Commission.
Standard Chartered merges top private bank & wealth mgt roles
Standard Chartered Bank has combined the leadership of its private banking and wealth management divisions into a single global job, which will be taken on by Didier von Daeniken who will be based in Singapore.
Investors maintain cautious approach for ASEAN
Against a backdrop of low commodity prices and souring consumer sentiment, regional fund selectors are choosing to adopt a more cautious approach toward ASEAN.