Hong Kong and China are to allow cross-border trading of mutual funds from 1 July, increasing the range of fund products available to retail investors in both markets and giving asset managers around the world access to the huge Chinese domestic market.
Little could the creators of UCITS have known that, nearly 30 years on, there would have been tremors in Asia that would threaten the growth of this £6trn behemoth.
Baring Asset Management is to launch three Hong Kong domiciled funds in the first quarter of 2015, the first time it has launched funds based in the country.
Bullish economic activity across Southeast Asia will be very positively influenced by the rollout of the ASEAN Economic Community (AEC) in 2015, says Barings Asset Management.
Five million people in the UK have said they do not plan to retire, in response to consumer research conducted by Baring Asset Management.
Baring Asset Management is planning to launch a range of Hong Kong domiciled funds early next year, with a view to selling the range in China.
After five years‚ the asset manager has decided to close its China Growth Fund.
Baring Asset Management has opened an office in Geneva‚ and named Véronique Fournier to head it up‚ in the new role of head of Switzerland and global head of private banking.
Baring Asset Management is to launch an Ireland-domiciled Ucits fund focussing on investment opportunities in smaller European companies, including UK-based firms.
Baring Asset Management has hired Schroder Investment Management's Laura Luo as head of Hong Kong China equities effective 12 September.
Western Europe is being passed over as an investment destination as confidence begins to return to global investors, according to research from Schroder Investment Management.
Baring Asset Management has named Marco Tang to head up sales, client services and business development for its mutual fund distribution operations across Hong Kong, China and Singapore.
