Asia
T. Rowe Price: Vietnam’s removal of foreign ownership limits will lift economy
International investors will be able to take a 100% stake in Vietnamese companies when the country scraps its foreign ownership limits in September, which T. Rowe Price’s Oliver Bell said will remove reluctance to invest in the market.
BNP Paribas launches RQFII fund
French asset management firm, BNP Paribas Investment Partners, has launched a fund which offers access to Chinese A shares through its renminbi qualified foreign institutional investor (RQFII) licence.
Hong Kong tribunal backs SFC verdict to fine fund house
Hong Kong’s Securities & Futures Appeals Tribunal (SFAT) has backed a decision to fine and reprimand asset manager, Pride Fund Management, for refusing to resolve a financial dispute with a client.
MAS fee disclosure proposal presents a ‘challenging timescale’
The six month window which the Monetary Authority of Singapore said it will give providers of investment-linked products (ILP) to standardise the way charges are presented to customers is expected to be a “challenging timescale”, Old Mutual International has said.
CCBI renminbi ETF listed on Paris stock market
Hong Kong-based, CCB International Asset Management, has launched an exchange traded fund which it said is the first renminbi-dominated ETF to be listed in Paris.