BlackRock Inc is considering seeking a mutual-funds license in China, people with knowledge of the matter said, as the world’s largest asset manager pursues ways to expand and exert more control over its operations in the nation.
Legg Mason and BetaShares have together launched their third active exchange traded fund (ETF), the BetaShares Legg Mason Australian Bond Fund (BNDS), which will be Australia’s first fixed income active ETF.
Published by Asia Asset Management – 19th Nov 2018
China Asset Management Co.’s (ChinaAMC) Hong Kong unit has teamed up with Malaysia’s RHB Group Asset Management to introduce a shariah-compliant China fund as the Chinese firm seeks to tap the potential of the fast-growing Islamic investment market.
There could be as few as 25 or 30 major superannuation funds left in Australia in the decade following the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry.
Published by Asia Asset Management – 16th Nov 2018
Kuala Lumpur-based Maybank Asset Management Group (Maybank AM) and Schroder Investment Management (Singapore) Ltd (Schroders Singapore) have announced a strategic partnership to develop specialist investment solutions in Malaysia.
Published by Asia Asset Management – 16th Nov 2018
The Mandatory Provident Fund (MPF), Hong Kong’s largest public retirement plan, has posted an average annual return of 4.1% since it was set up 18 years ago, according to latest data from the fund’s supervisory body.
The Australian exchange-traded fund (ETF) industry followed dramatic share-market falls and dropped 3.2 per cent in October, driving down funds under management (FUM) to $40.8 billion, according to BetaShares’ Australian ETF Review – October 2018.
Netwealth has added the Franklin Concentrated Global Equity Ex-Australia portfolio, a separately managed account (SMA), to its managed account service.
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