Published by Asia Asset Management – 16th Jan 2019
China has doubled the quota for a scheme that allows foreign institutional investors to invest in its capital market, the first increase in four years as Beijing moves to further loosen regulatory controls.
Investors are increasing their allocation to smart beta exchange traded fund (ETF) products as opposed to market capitalisation and active strategies, according to the VanEck ETF IQ Scorecard for December, 2018.
The Allan Gray Australia Equity Fund (Class B) has now been added to Macquarie Wrap, with the Allan Gray Australia Equity Fund (Class A) already available on the platform.
Singapore wealth manager Lumen Capital Investors has hired a host of top bankers from larger rivals, finews.asiacan reveal. The firm wants to further increase its reach.
Sunsuper has brought in the new year by hiring two new business development managers (BDMs), who both join from Colonial First State (CFS), bringing the fund’s retail advice team to 34 employees.
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.
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