HESTA hires Saudi wealth fund's former head of markets; Janet Li joins BEA Union Investment; Victoria-based asset owner names infra head; IFM Investors hires former Jupiter AM Asia chief; Prudential names chief IT officer; and more.
.png&c=1&h=194&q=100&v=20241824&w=344)
Tag : bea union investment
In partnership with The Editors
The CEO of BEA Union Investment discusses where progress is being made and where further liberalisation is likely in respect of the Hong Kong-China cross-border fund scheme.
Fund firms suspect high distribution costs in China will generate thin margins in the scheme's early days, but having to hire a distribution agent could help as they consider how to scale up.
