Korean asset manager Mirae Asset Global Investments (Mirae) and Japanese asset manager Daiwa Asset Management (Daiwa) have joined forces in order to launch the Mirae Asset Next Asia Pacific Equity Fund. The fund will invest in in Asia Pacific including Japan equities based on fundamental bottom-up research analysis and high conviction stock selection. It is a sub-fund of […]
Hugh Young, managing director of Aberdeen Asset Management Asia and group head of Equities at Aberdeen Asset Management, has said that companies in Asia are increasingly working in the context of broader economic slowdown.
Morningstar UK Ltd, a subsidiary of Morningstar, Inc. has named Daniel Needham as global chief investment officer of Morningstar Investment Management and managing director of Morningstar Investment Management Europe.
FRM Capital Advisors, acquired by Man Group last year, is seeding a Japanese long-short equity fund launched by Hong Kong based Arena Capital Management.
BNY Mellon has named Jane Caire as head of strategy & development, product & marketing for investment management in the Asia-Pacific region.
Stock markets across Asia have fallen after news of the death of North Korean leader Kim Jong-il renewed fears of political instability in the region.
Charles Beazley, head of International & Institutional Business at Nikko Asset Management, says Asian investors remained shocked by the inability of Eurozone authorities to agree a solution to their problems.
Oanda Corporation, the New York-based foreign exchange dealer, has established Oanda Japan a subsidiary for institutional and retail clients in the Asia Pacific region.
Before global markets choked at fears the West is failing to offer a credible solution to its debt crises, Japan was quietly rebuilding from a devastating earthquake and tsunami. But Japan’s investment case is mixed on its own terms, while its fate ultimately hinges on the performance of wider markets.
Privium appoints Vistra to service funds out of Luxembourg on platform, Frostrow Capital opens business in Guernsey, Northern Trust becomes custodian for London manager, FRM Capital Management invests in Eagle River fund, Nikko to run Greater China fund for Shelton.
The industry-high returns and inflows to Japan hedge funds last month could reverse in March, as data shows February’s gains came from sectors hardest hit by the country’s present disasters.