Asia
Nikko launches two UCITS funds to bolster EMEA business
Nikko Asset Management has announced the launch of two UCITS funds: a global equity fund and a global multi-asset fund.
Global investment drives Singapore AUM up by 30%
Singapore’s assets under management jumped by 30% over the last year, reflecting continued interest from global investors in the region, new figures reveal.
ASEAN markets opening for foreign distribution
As China and Hong Kong unlatch the gate for cross-border fund distribution, regulatory changes in markets such as the Philippines and Malaysia are also opening for retail mutual funds, according to Cerulli Associates.
HSBC GAM launches global dividend fund
HSBC Global Asset Management is due to launch Global Equity Dividend Fund on 24 July which will target investments in companies with dividends and the promise of capital appreciation.
Int’l investments propel HK fund management business to record high
Combined fund management business in Hong Kong increased by over 10% last year to reach a record high of $16.7bn, including a contribution of over $12.4bn from international investors.