Asia
JTC sets sights on Africa with Mauritius office
JTC has moved into Mauritius, where it will look to capitalise on the island’s close proximity to Africa, “one of the fastest growing regions in the world”.
Appetite for Asia Fund distributor
Jonathan Schuman, head of global business development at Matthews Asia, discusses the company’s leading specialist position in the US and the plans for building its brand in the UK.
Baillie Gifford creates sterling class for
Edinburgh-headquartered firm, Baillie Gifford, has established a sterling hedged share class for its Worldwide Japanese Fund to counteract fluctuations in the price of the yen versus sterling.
Hong Kong waives stamp duty on ETFs
Hong Kong Exchanges and Clearing will waive stamp duty on all exchange-traded funds listed in Hong Kong from 13 February to promote the development of the ETF market.
Manulife Asia merger to target $19trn
Manulife Asia has merged its wealth and asset management divisions in order to target $19trn worth of untapped cash deposits throughout the region.