Asia
BlackRock appoints Izawa as Japan head
BlackRock has appointed Yoshiyuki Izawa as chairman and country head of Japan.
A-share inclusion in the MSCI could drive foreign capital inflow
If China’s A-shares are included in world indices after a review in June, large amounts of capital could flow into the mainland market, said Catherine Yeung, investment director at Fidelity Investments.
Expert criticizes claims HK reforms will cause ‘collateral damage’
Contrary to concerns from an association of IFAs which claimed regulatory reforms in Hong Kong will cause “collateral damage”, one expert has argued these changes are “long overdue” and the industry will eventually recover.
Valuation gap drives China demand for HK stocks
The huge surge in money flowing into Hong Kong stocks, which pushed the Hang Seng Index up to a seven-year high earlier this month, has been linked to a recent change in the Stock Connect initiative. But fund managers said the change was only a catalyst for the influx in funds.
Asian equities team at OMGI gets Hong Kong licence
Old Mutual Global Investors said its Asian equities team has received regulatory approval to operate from their Hong Kong office, marking the first time the business will have on the ground fund management capabilities in Asia.