neuberger berman expands offering in
Neuberger Berman has expanded its fund range in Asia, making 11 funds available to the retail market in Hong Kong and a further three available in Singapore.
Neuberger Berman has expanded its fund range in Asia, making 11 funds available to the retail market in Hong Kong and a further three available in Singapore.
Old Mutual Global Investors has beefed up its Hong Kong based Asian distribution team and has further plans to further boost the sales team during the year.
BlackRock Asset Management North Asia, a subsidiary of BlackRock, has received its first renminbi Qualified Foreign Institutional Investor (RQFII) license from the China Securities Regulatory Commission.
Aviva is to sell its entire 47% stake in South Korean joint venture, Woori Aviva Life Insurance to NongHyup Financial Group.
Manulife Asset Management has appointed Endre Pederson as senior managing director of its Singapore based Asian fixed income team, as it makes the country the hub for its ASEAN operations.
The financial regulators of Hong Kong and China are working on a deal which will allow investors in both countries to participate in each others stock markets.
Malaysia’s RHB Asset Management has launched an Islamic balanced fund that will invest in Shariah-compliant equities and fixed income securities in the Asia Pacific region.
HFT Investment Management is planning to launch a renminbi money market fund into Hong Kong later this month.
JP Morgan Asset Management has introduced a share class hedged to the renminbi for the JPMorgan Multi Income Fund.
Australian fund house AMP Capital has launched a Luxembourg-domiciled UCITS platform with two new funds catering to UK and European institutional investors.
Asset managers should not focus on fund performance as the only parameter to feature into a fund selectors buy list as investment philosophy and investment process are also ranked high by gatekeepers in Asia, revealed a Cerulli report.
The Hong Kong and Shanghai governments are exploring ways to deepen the financial ties between the two cities, including strengthening links in financial services and products.