The glass ceiling is cracking

Published by Asia Asset Management – ‎4th Aug ‎2017

The asset management industry is still an old boy’s club. Just 1.1% of the US$71.4 trillion of assets under management in the US is managed by women or minorities in the country, according to a study from Harvard Business School and Bella Research Group published in May.

Published by Reuters – 3rd Aug ‎2017

The fund management arm of insurer Legal & General is moving the management of its Asian equity index funds to Hong Kong from London and Chicago, it said on Thursday.

Published by Bloomberg – ‎2nd Aug ‎2017

BlackRock Inc. took a gamble by breaking the 1 percent fee barrier for a hedge fund. Now it’s paying off.

Published by Fund Selector Asia – ‎2nd Aug ‎2017

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.

Published by Opalesque – ‎27th‎ ‎July‎ ‎2017

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.

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.