Liquidity tightening by the central bank has caused negative NAVs for bond funds across the yield curve. Heavy redemptions could cause problems, but hope remains.
Tag : funds
The region’s funds industry saw $53 billion in net inflows in the first half of 2013, but the figure is sharply down year-on-year as a proportion of global flows.
Lawyers say the revolutionary mutual-recognition funds platform with mainland China will not necessarily bestow the status of Asian asset management hub the city so craves.
Emerging markets are rising fast and have most potential in terms of retail funds as growth in the region’s offshore hubs stalls, finds Fitch Ratings.
Alexa Lam, deputy CEO of the Securities and Futures Commission, outlines her vision of a "breakthrough" mutual recognition platform for public funds between HK and the mainland.
Private equity and infrastructure specialists are trying to satisfy sovereign funds' rising demand for energy-related investments.
Banque Syz is relocating staff to Asia to focus on asset owners and is looking for fixed income and equity talent. It is also exploring whether to register products for retail sale in the region.
Hong Kong’s largest IFA is seeking to expand its product offering to target clients with $1 million and is talking to offshore private banks on a B2B basis.