Filter by Country:

TRENDS (Published Date :7/1/2012)

RESEARCH

By Hui Ching-hoo
Category :Global,Europe
An annual, independent study released by CREATE-Research, commissioned by Principal Global Investors, identifies investor appetite for a more dynamic approach to managing volatility and asset allocation, with 78% of survey respondents agreeing that markets are in an era of prolonged turbulence.

QATAR

Category :Asia,China
Qatar’s sovereign wealth fund is applying for a license and a US$5 billion quota to invest in China under the qualified foreign institutional investor (QFII) scheme. The move has led the Chinese regulator to raise the ceiling on its QFII quota to US$5 billion from the current US$1 billion, according to China Securities Journal.

MANDATE

By Toby Garrod
Category :Asia,Europe
Europe’s second largest asset manager Amundi has given Macquarie Investment Management’s (MIM) fixed income and currency team a US$105 million mandate to actively trade G10 currencies, via its subsidiary Amundi Alternative Investments (Amundi AI).

REPORT

Category :Asia,China
An independent report, commissioned by Citi, titled ‘China: the World’s Best Opportunity for Asset Managers?’ identifies significant potential opportunities for growth in the retail and institutional asset management industry in China. The report, compiled by Z-Ben Advisors, attributes this potential growth to:

CHINA

Category :China,Taiwan
Taiwan’s Mercuries Life Insurance has received a qualified foreign institutional investor (QFII) quota of US$50 million from China’s State Administration of Foreign Exchange (SAFE).

HONG KONG

Category :China,Hong Kong,Global
China’s Ministry of Finance has announced that the central government will issue renminbi sovereign bonds totalling 23 billion yuan (US$3.61 billion) in Hong Kong, according to Hong Kong’s Information Services Department.

EXPANSION

Category :Asia,U.S.A.
Eastspring Investments, the asset management arm of Prudential Corporation Asia, has announced the opening of its US office. The move is intended to capture the increasing interest among global investors in the Asia growth story.

MALAYSIA

By Tan Lee Hock
Category :Malaysia,Global
A new private retirement scheme is taking shape in Malaysia this year. This April, the Securities Commission announced eight firms that have won licenses to operate schemes in the market. The products are expected to make their debuts in September or October this year.