Fidelity Worldwide Investment expects growth in its institutional investor-base to outpace that of its retail business. Hiring is on the horizon.
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Tag : fidelity
The firm has introduced a new fee scheme for Hong Kong retail investors that it may export around Asia, with plans to increase provision of funds from external houses.
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The choice of multi-asset income products available in Hong Kong has further expanded, after inflows into such strategies grew 600% year-on-year in early 2013.
Fidelity sees North Asia’s dominance as based on valuations, while Crédit Agricole favours Asean from an FX appreciation perspective – but fears a currency war has already started.
Madeline Ho has joined Natixis GAM as head of wholesale distribution for Asia-Pacific and MD of Singapore. She quit Fidelity last month after six years with the firm.
The two houses see dividends as an important income source for investors in 2013 as cashed-up companies look to increase payouts.
