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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Institutional investors are buying a broader range of assets to meet income needs, including emerging market credit, high-yield bonds and high-dividend equities.
David Webb says "hats off" to Fidelity Worldwide Investment's new policy requiring company managers to better align compensation to shareholder interests.
The retail distribution specialist is set to start in the new year as regional head for Asia ex-Japan, tasked with building a business that caters directly to retail investors.