Overly burdensome rules are hindering investors rather than protecting them, argue AMP Capital's Kerry Ching and Blair Pickerell, formerly of Nikko Asset Management.
Tag : blair pickerell
But Asia's retail market for ETFs requires better education for investors, more regulatory backing and advances in technology if it is to gain a bigger share of the pie, say industry participants.
Funds veteran Blair Pickerell says it is, in the sense that the average person still has an under-managed portfolio. But it is open to debate whether that is the fault of clients or industry professionals.
AllianzGI's institutional chief resigns; Nikko AM names new Asia head; Algebris hires portfolio manager; CBRE names asset services chief; and White & Case boosts private equity team.
Japanese fund house announces launch of two more Ucits funds as it attempts to satisfy demand from investors in Europe, Middle East and Africa. Nikko plans to launch even more in the coming months.
Nikko AM's CEO paid tribute to Pickerell's "tremendous contribution" to the expansion of its Asian business over the past five years.
Regulation is shaping the agenda for fund passporting and not always for the best, according to industry experts at a forum. And with the rise of Asian digital fund platforms, passporting may become irrelevant.
Executives from BoCHK Asset Management, Nikko Asset Management, Pimco and State Street recently discussed the big issues facing Asia's investment industry.
Eleanor Seet has replaced CEO Deborah Ho following the rebranding of DBS Asset Management as Nikko Asset Management Asia. Other new faces have also come in.
Asset managers should not assume that China-derived inflows will continue at the same pace as they have in past years, agree the Asia heads of four big fund management firms.
Clive Brown, Asia-Pacific chairman and COO at JP Morgan Asset Management, will transfer from London to Hong Kong to replace Hsu, showing the importance of Asia to the firm.
The Asia head of Nikko Asset Management, an old hand in the region, outlines how some asset managers might consider changing their approach.