Ignites Asia, a Financial Times service, is an online source of news, business intelligence and analysis for and about the asset management industry in Asia.
PineBridge Investments and MFS Investment Management are among the latest foreign managers to seek out local partnerships in the already crowded Thai wealth management space. Sign up for a free trial to receive more news from Ignites Asia: ow.ly/YPbA50Sa4oN
M&G Investments is increasing its Asia Pacific headcount, even as other firms are scaling back, as it seeks to expand its retail businesses beyond the Singapore and Taiwan markets launched last year: ow.ly/9itM50Rjrkz
Fidelity International’s China unit now has the largest registered capital among newly established wholly foreign-owned fund firms, though its assets still trail its rivals. Find out more on Ignites Asia. ow.ly/rBw450QIx7f
UK members of parliament say a compensation scheme for investors trapped in Neil Woodford's collapsed fund is "disastrous" for consumers and sets a precedent for other financial service providers to "exploit" the system. ow.ly/9HKZ50QAotF
Senior funds executives in Asia are advising some clients to reconsider their China exposure to seek better returns elsewhere as the country undergoes a “painful” economic transition. ow.ly/E6PE50Qv0SZ
Fund executives in China are growing increasingly concerned about the possibility of salary caps and significant reductions in wages next year as part of ongoing regulatory efforts. Find the full article at the link below. ow.ly/bQ8S50QnYWr
U.S. asset manager AllianceBernstein has obtained regulatory approval to begin operating its retail funds business in China, becoming the latest foreign asset manager to enter the highly competitive onshore retail funds market. Read more on Ignites Asia. ow.ly/JTJo50QnCsf
Asset managers in Asia Pacific are hoping for a more fruitful year ahead. CEOs of Abrdn, Pimco, and BNP Paribas AM are charting the course for attracting investors into higher-fee products in a year that is likely to deliver 'noise and surprises'. ow.ly/y4Vs50QncKb
Fund executives in China are growing increasingly concerned about the possibility of salary caps and significant reductions in wages next year as part of ongoing regulatory efforts ow.ly/ynCu50Qi6JG
Appetite among Chinese investors for funds investing in overseas securities has shot up this year as the domestic market languishes in a prolonged slump. Learn more on Ignites Asia. ow.ly/Fo7T50QexFn
Investment professionals working in the Asian #ESG sector are warning of fatigue and burnout among their peers as the demands of their job remits expand amid a boom in #sustainability initiatives and regulation in the region.
Taiwan’s #ETF sector has expanded rapidly over the past few years by attracting hordes of new retail investors to the market. Some fund houses are considering expanding into overseas markets: ow.ly/WTMl50Qc7uL
The once-surging popularity in China of electric vehicle funds has cooled, coinciding with a possible European Union investigation into government subsidies within the industry and overcapacity in the sector. ow.ly/GE9e50QaszY
Morningstar is cutting nearly half of its Hong Kong-based workforce, including roles in operations, customer services and communications, as part of a restructuring of its Greater China operations. ow.ly/TClo50Q8Y6m
Morningstar is cutting nearly half of its Hong Kong-based workforce, including roles in operations, customer services and communications, as part of a restructuring of its Greater China operations. Continue reading at the link below. ow.ly/1hQY50Q8XJZ
Fund companies in China are paying hundreds of thousands of renminbi to collaborate with social media influencers to extend their brand recognition across the country’s vast digital user base. Click below to continue reading. ow.ly/BgWv50Q8ufR
Funds run by Credit Suisse’s long-standing China fund management joint venture have suffered the largest outflows this year among all local fund firms in the market ow.ly/eW6250Q86Qy
After securing full ownership of its funds business in China this year, J.P. Morgan Asset Management has launched a smart beta strategy for its first exchange-traded fund as part of plans to compete with giant local #ETF providers. ow.ly/gNXR50Q7HnA