New York-based ETF provider Wisdomtree and JP Morgan Asset Management are among the latest recipients of China’s inbound quota schemes, according to latest records from the country’s State Administration (SAFE).
Julius Baer Group Ltd. plans to explore options such as acquisitions and partnerships as it seeks to expand its Asia-Pacific wealth management operations, its regional chief said.
Published by Asia Asset Management – 10th Jul 2018
US-based Columbia Threadneedle Investments (Columbia Threadneedle) has appointed Ng Soo Nam to head the Asian equities, Europe, department effective October 1.
If more proof were needed that UBS’ Hong Kong teams are on a tear, hoovering up China clients domiciled in the territory, it comes in the form of another senior appointment for the business.
HSBC Private Banking has named Benedikt Maissen as its market head for Indonesia while Standard Chartered has appointed Patrick Lee as its CEO in Singapore.
US asset management giant Invesco Ltd. is seeking to penetrate deeper into China with stronger collaboration between its Mainland joint-venture company and its wholly-owned onshore investment firm, according to a senior company official.
As investors brace for the potential fall-out from the trade war between the US and China, at least one market participant believes the fears are overblown.
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