Recognising a gap in its product suite, the firm is building a packaged solutions business combining internal expertise, most likely centralised in London.
Tag : income
A Legg Mason survey of affluent investors worldwide has found Asians most eager to use income investing to grow their wealth, and most curious to know how. See our video interview.
Appetite for income investing is highest among affluent Asians, with a hunger for knowledge and desire to be engaged pointing to new opportunities for managers and advisers.
This year, Japan’s investment trusts will pay around ¥4 trillion in dividends, forcing many to slash payouts or suffer negative cashflows, says Nomura Research Institute.
Institutional investors are buying a broader range of assets to meet income needs, including emerging market credit, high-yield bonds and high-dividend equities.
The firm is marketing a remodelled Asia ex-Japan multi-asset income fund largely for retail investors that allocates dynamically between equities and bonds.
The US firm is set to register more funds in the Lion City with a focus on equity income-type products, and broaden its range of distribution channels.
The fund manager's global head of client relationships is counting on institutional flows for growth in the iShares business.
A 12.5% fall in the CSI 300 in 2010 saw index and equity funds suffer, with fixed-income funds shining. Smaller firms were generally better placed, and this is tipped to continue.
The former chief investment officer of the Korea Investment Corporation begins trading his Asian credit hedge fund in Singapore.
The firm intends to boost its Asian fixed-income capabilities and regional client servicing under the new leadership of Mark Lazberger and Michael Stapleton.
Bruno Lee resumes a regional role for the wealth management business and is eager to promote fixed-income products.