Asia
Hermes expands sales team in Singapore
Hermes Investment Management is growing its sales team in Singapore with a new hire who came on board this week.
Hong Kong fund sales slide by 50%
The Hong Kong fund industry saw net sales drop by almost a half in the first six months of 2015, new figures reveal.
ANALYSIS: Nothing conventional about Chinese currency slump
There has been a lot of conventional wisdom bandied about over the past few days in relation to China’s loosening of the renminbi peg.
China devalues renminbi for second day
China’s Central Bank has devalued its currency for the second consecutive day, following Tuesday’s biggest depreciation in two decades.
Renminbi devaluation stokes fears of future moves
The one-off depreciation of the yuan needs to be just that in order to avoid sparking a currency war and derailing the global recovery, according to industry experts.