Countries in the Asia Regional Fund Passport (ARFP) scheme are working on the legislation and regulations in their respective markets and have targeted 2018 for the launch, according to ARFP’s first annual report.
Opalesque Industry Update – Institutional investors based in Asia-Pacific have allocated more capital to hedge funds in recent years, reaching a record $202bn as of the end of 2016, up from $180bn a year earlier, according to research house Preqin. This is at odds with allocation trends in North America and Europe, which in 2016 saw a greater proportion of investors indicate they were seeking to draw back from hedge funds than were looking to increase their investments.
HONG KONG & NEW YORK–(Business Wire)–Nuveen, a TIAA company and leading global investment manager, has opened a Hong Kong office and expanded its distribution capabilities to better serve clients across the Asia-Pacific region and broaden access to the firm’s platform of specialized investment expertise.
Published by Asia Asset Management – 26th July 2017
Morningstar has acquired a 40% stake in Sustainalytics, a global provider of environment, social and governance (ESG) research and ratings, as it looks to ramp up its long-term sustainability strategy and bolster its ability to provide ESG products and services to the global investment community.
Julius Baer (BAER.S) could grow its assets under management by more than 40 percent in the coming decade to over 500 billion Swiss francs (405.11 billion pounds), Chief Executive Boris Collardi said on Monday.