Asia
EFG Private Bank debuts Asia Pacific Equity Income Fund
EFG Private Bank has launched the New Capital Asia Pacific Equity Income Fund.
Japan plays third fiddle to China and US
Japan has fallen behind China as the world’s second largest economy following a Q4 GDP contraction.
China joins rush to create new services-based cities with low tax zone in Shenzhen
China has unveiled plans to encourage Hong Kong service sector companies to move to Qiahai, China.
Hamon launches China absolute return fund
Hong Kong-based Hamon Asset Management has launched a China absolute return fund.
Citigroup and ChinaAMC launch China equity fund
Citigroup and ChinaAMC have jointly launched a retail China equities fund.