Press

11 January 2019

Australian ETF market FUM reach $40.41bn in 2018

Published by Money Management – 11th Jan 2019

Australians have over $40 billion of their savings invested in exchange traded funds (ETFs) according to the latest figures by the Australian Securities Exchange (ASX), with 49 per cent of 2018 ETF cash flows being allocated to international equities.

11 January 2019

Advisers significantly impacted by PC

Published by Money Management – 11th Jan 2019

The Productivity Commission (PC) may have been tasked with addressing the competitiveness and efficiency of superannuation but its final report had financial planners squarely in its sights impacting approved product lists (APLs) and specialist training for self-managed superannuation fund (SMSF) advisers.

9 January 2019

Magellan reports $41m net inflows in December

Published by Money Management – 9th Jan 2019

Magellan Financial Group has reported net inflows of $41 million, which included net retail inflows industry of $90 million and net institutional outflows of $49 million.

9 January 2019

HSBC Private Banking announces new appointments in Private Wealth Solutions

Published by Hubbis – 9th Jan 2019

Cynthia Lee is the new Head of Private Wealth Solutions (PWS), North Asia, and Brent York is the Global Chief Operating Officer, PWS.

9 January 2019

Tarnished retail funds suffer three-pronged blow

Published by investment Magazine – 9th Jan 2019

The Hayne royal commission’s damage to retail super’s brands is not the only reason those funds’ retirement savers will continue to pull their money in droves, a new report states.

7 January 2019

Merian Global Investors boosts Hong Kong sales team

Published by Hubbis – 7th Jan 2019

Edward Ho has joined the firm as its Head of Sales, Hong Kong.

7 January 2019

Hiring Trends – A Year In The Asian Wealth Jobs Sector

Published by Wealth Briefing Asia, Tom Burroughes – 7th January 2018

A prominent executive search firm in the Asia-Pacific region reflects on the state of the employment market in the private banking, external asset management and other wealth management sectors.

The Asian private banking sector produced mixed fortunes in the employment market last year, with many firms starting 2018 with aggressive hiring strategies before pulling back as market headwinds forced them to change course, according to executive search firm Huddleston Jones.

3 January 2019

Sumitomo Mitsui joins RQFII scheme

Published by Fund Selector Asia – 3rd Jan 2019

The firm has become the first Japan-based entity to join China’s inbound programme.

3 January 2019

WFOEs face more hurdles besides distribution

Published by Fund Selector Asia – 3rd Jan 2019

With more global fund houses setting up wholly foreign owned enterprises (WFOEs) in China, finding enough of the right staff is likely to be difficult and expensive.

2 January 2019

Singapore’s Fullerton hires Eastspring executive

Published by Asia Asset Management – 2nd Jan 2019

Singapore’s Fullerton Fund Management (Fullerton) is believed to have hired Mark Yuen away from Eastspring Investments to become its chief business development officer.