Asia
Asia could have capital outflows: Aberdeen
Asian markets could see capital outflows when the US raises interest rates, according to Hugh Young, managing director at Aberdeen Asset Management.
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.
BlackRock launches ‘first-of-its-kind’ China A shares ETF
BlackRock has launched what it is has described as the first UCITS fund to track the 300 plus large and mid-cap stocks listed on the MSCI China A International Index.
Hong Kong equities still undervalued after investment surge
Despite a record-setting, multi-day market rally, valuations of Hong Kong stocks are currently low relative to both global equity markets and to the Hong Kong market historical average, according to FE analytics.
Manulife Asia ousts Aviva in 12bn DBS partnership
The Asian arm of Manulife has sealed a $1.2bn deal to sell its insurance products with Singapore bank, DBS, marking the end of the bank’s 14-year partnership with Aviva.