Vanguard’s Bogle warns investors on smart beta hype
Smart beta has failed to beat traditional index funds over the long term, said John “Jack” Bogle, founder of the giant investment company Vanguard Group.
Regulations helping drive ETFs in Asia
The passive products are gathering momentum in Asia, which is still in the early stages of ETF adoption, said Deborah Fuhr, managing partner of UK-based research consultancy ETFGI.
Chinese mainland investors warm to offshore products
Downward pressure on the renminbi and A-share volatility are prompting China’s investors to diversify their assets, said David Leung, head of wealth management at Standard Chartered Bank in China.
Funds in Asia see huge Q1 outflows
Around $39bn fled funds in Asia during the first quarter of this year, and one asset class took an enormous hit, according to data from Strategic Insight.
Switzerland’s UBP upbeat on Asia after Coutts deal
Despite private banks selling assets or cutting staff in Asia, Guy de Picciotto, chief executive of Switzerland-based Union Bancaire Privee (UBP), said his bank plans to hire roughly 40 relationship managers and expand in China.