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HS Group seeds Asia-based hedge fund being launched by former Soros veterans
trueHS Group, a Hong Kong-based firm launched in 2013 to provide seed capital and strategic backing for hedge funds in Asia, announced its first investment in a fund being set up by two Soros Fund Management veterans.
BNY Mellon names Economist editor as investment strategist for Asia
trueSimon Cox joined BNY Mellon Investment Management in Hong Kong as a managing director and investment strategist for the Asia-Pacific region.
FLAG Capital Management appoints co-head of Asian business
truestrong>Myron Zhu joined FLAG Capital Management as a partner and co-leader of FLAG Squadron Asia, the private markets investment firm's Asia-Pacific operations.
BNY Mellon chooses North American distribution head
trueKimberly Mustin was named head of North American distribution at BNY Mellon Investment Management.
Ossiam to help China index leader develop minimum variance index
trueOssiam, a Paris-based quantitative money manager, announced Tuesday it had signed an agreement to help China's largest index provider, China Securities Index Co., develop a minimum variance index based on that firm's CSI 300 benchmark.
BlackRock garners RQFII license from China's regulators
trueBlackRock announced it had gotten a renminbi qualified foreign institutional investor license from the China Securities Regulatory Commission.
Old Mutual Global Investors adds senior sales manager in Hong Kong
trueIris Tsui joined Old Mutual Global Investors in Hong Kong on April 1 as a senior sales manager.
Singapore's Temasek launches private equity co-investment fund
trueTemasek, Singapore's sovereign wealth fund, Wednesday announced the launch of a co-investment vehicle to provide opportunities for like-minded institutional investors and, eventually, Singapore retail investors as well, to benefit from Temasek's private equity investment activities.
Principal Global Investors expands Asia-Pacific operations
truePrincipal Global Investors is adding investment staffers to help manage a growing business in the Asia-Pacific region.
Singapore's GIC opens Sao Paulo office
trueSingapore sovereign wealth fund GIC Private Ltd. officially opened an office in Sao Paulo, Brazil, Tuesday.
Amundi Malaysia acquires KAF Fund Management's fixed-income business
trueAmundi Malaysia, the Kuala Lumpur-based subsidiary of the European asset management heavyweight, acquired the fixed-income business of KAF Fund Management, also of Kuala Lumpur, the two companies announced Monday.
DeAWM taps J.P. Morgan vet as institutional sales head for Asia ex-Japan
trueKen Tam joined Deutsche Asset & Wealth Management in Hong Kong as a managing director and head of the firm's global client group, institutional, Asia-Pacific ex-Japan, while Rajan Raju, a Singapore-based managing director with DeAWM, was named global client group head, intermediaries.
Money management in China
trueChinese managers see bright future despite changing rules, bear market and sharp competition.
Singapore's GIC, Macao central bank garner $500 million each in China quotas
trueChina's regulators awarded Singapore's GIC Private Ltd. and the Monetary Authority of Macao $500 million apiece in quota capacity for investments in the country's domestic capital markets.
Chinese managers facing growing pains
trueThe teenage years can be tough, especially in a home environment where the rules are always changing. China's fund management industry is a case in point.