Stamp duty is seen as prohibitively expensive for high-frequency traders after IMC shuts its Hong Kong trading desk and makes two-thirds of its HK staff redundant.
The herd-like nature of investment in Korea has seen two investment advisory companies become the benchmark for portfolio managers, but questions about performance linger.
Shinhan BNP Paribas Asset Management readies a series of newly approved ‘condensed’ funds in expectation that 2011 will see local investors return to equities.