China equity funds struggle in 2016
After a volatile start to the year, fund performance figures for the first half of 2016 show a significant year-on-year weakness in China equity funds based in Hong Kong.
After a volatile start to the year, fund performance figures for the first half of 2016 show a significant year-on-year weakness in China equity funds based in Hong Kong.
As Brexit fatigue tightens its grip on us all, particularly those who have been writing about it for a living, and the US gets going with its election, things have been suspiciously quiet on the China front.
An investors group for victims of the LM Investment Management collapse is looking at the feasibility of bringing legal action in England & Wales, as well as other jurisdictions.
The prime minister of Samoa, Tuilaepa Aiono Sailele Malielegaoi, has defended his country’s role as an offshore tax haven, claiming the ravages of climate change have left the Pacific island nation increasingly reliant on the revenue it brings.
As worries over China’s economy and currency ease and political risks in Europe and the US flare, Asia could become a safe-haven, said Joshua Crabb, Old Mutual Global Investors head of Asian equities.
The macro economic drivers for emerging equities are largely unaffected by the UK referendum vote and the firm has maintained its overweight call.
Mid-tier Chinese banks plan to expand wealth management activities in Hong Kong to serve mainland high net worth individuals (HNWIs), industry players said.
Australian financial advisers JBWere, a unit of National Australia Bank (NAB), plans to revamp its remuneration structure and cut adviser commission rates in line with changes in the domestic and global regulatory environment.
Luxembourg and Philadelphia-headquartered Lombard International has received approval for a brokerage licence for its Hong Kong subsidiary, Lombard International Brokers.
Retail investors in China may be allowed to invest in mutual fund-of-funds later this year after the release of a consultation paper from the China Securities Regulatory Commission (CSRC).
Japan’s economy has waned slowly, which is why government action has not been dramatic but with Abenomics in full swing, Schroders’ Andrew Rose explains why the future depends on the yen’s performance.
Chinese regulators have approved Hang Seng Bank’s application to take a majority stake in a new asset manager, making the newly-formed company the first onshore fund house with a majority stake held by a non-mainland entity.