Stanford Brown has appointed former Challenger head of distribution, annuities, Phil Anderson, as its business development manager for its Lunar Managed Accounts to meet growing demand for the product.
Under-pressure Australian financial-services heavyweight AMP Ltd. (AMP.AU) has moved to exit a number of operations in deals it expects will net at least 2.17 billion Australian dollars (US$1.53 billion) and release capital to bolster its balance sheet.
ESG disclosures from companies and data providers are backward-looking, argues Maarten Bloemen, Toronto-based portfolio manager and research analyst for global equities at Franklin Templeton Investments.
The Dutch fund house has added the Asian equity specialist to co-run institutional mandates, as well as an ex-BlackRock trader, but it is losing an equity analyst.
In the next 12 months, research suggests that allocations to China equity funds will be up while US and European equity product exposure will decrease, according to data collected by FSA.
Australia’s largest ETF manager, Vanguard, has appointed former BlackRock iShares director for EMEA, Marco Corsi, to head its newly established Vanguard Global ETF Research Centre.
Australian exchange-traded fund (ETF) provider BetaShares has launched its new Global Income Leaders ETF (INCM) which will offer Australian investors access to a portfolio of 100 global companies (ex-Australia).
Colonial First State (CFS) has entered a strategic alliance partnership with Baillie Gifford to give retail investors access to a new global equity offering, the Baillie Gifford Long Term Global Growth Fund.
Published by Asia Asset Management – 23rd Oct 2018
Hong Kong’s Pension Scheme Association (PSA) has appointed veteran wealth and asset manager Shirley Lam as its new chief executive officer, succeeding Heman Wong who resigned recently.
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