Capital Group CEO sees mid-sized asset managers getting ‘hollowed out’
Capital Group CEO Mike Gitlin expects smaller boutique firms to survive on satellite allocations and larger firms taking more market share of investors’ core exposure.
Studies
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Fidelity International urges Apac retail investors ‘to stay the course’
Investors should remain invested, diversify, and take a long-term view, says Fidelity’s HK head, Charlotte Chan.
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HSBC survey: affluent investors reach a turning point with cash allocations
Gold is increasingly viewed as a popular allocation rather than a selective hedge, according to an HSBC poll.
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CFA study: Rich Gen Z and millennial investors are reshaping wealth advice
Wealthy, young Singaporeans favour ETFs, crypto and individual stocks.
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CFA Institute calls for changes to Apac AGMs
Concentrated ownership, logistical barriers, and uneven participation undermine shareholder accountability.
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HSBC PB: private banks missing $100trn opportunity
As 40% of investible global wealth is set to be controlled by women in the next five years, private banks must adapt, according to a recent report.
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Julius Baer: The allure of gold for women
Julius Baer identifies a strong increase in women’s participation in the gold investor base.
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Asian financial intermediaries plan geographical growth: Bank of Singapore
The Bank of Singapore survey found that independent asset managers are also looking at strategic partnerships.
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Morningstar: Multi-asset funds still struggle to beat benchmarks
Investors continued to pour money into cheaper options, the research found.
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Infrequent pricing hides true volatility of private assets: Morningstar report
Investors should “acknowledge private assets aren’t magically less volatile” and set realistic risk expectations, Morningstar suggests.
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Tech-native platforms challenge traditional banks – Bain
Incumbents need to implement new strategies for asset and wealth management viability.
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Structural barriers to AI adoption for banks’ compliance ops
Apac financial institutions are still reliant of manual processes for compliance operations, a study finds.
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Retaining talent and digital transformation are wealth managers’ top concerns
WTW research highlights wealth managers top priorities and concerns for the coming year.
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Schroders: Advisers up alternatives exposure as volatility concerns persist
Emerging markets weightings also on the rise according to latest Schroders Financial Adviser Survey.
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Apac institutional investors wary of tech bubble: survey
Rising geopolitical tensions and a recession are also top concerns, according to a Natixis survey.
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Global dividends hit a new Q3 record driven by financials
Hong Kong dividend payouts were up over 15% to a record $9.4bn in the third quarter, according to a Capital Group report.
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Asset management industry AUM surpasses 2021 highs
Passive strategies continue to grow as active assets shrink, with the exception of alts, according to a Thinking Ahead Institute study.