Fed minutes signal September rate cut
Traders work on the floor of the New York Stock Exchange during morning trading on August 20, 2024 in New York City. Michael M. Santiago | Getty Images This report …
Asset management
Hong Kong hedge fund SVI winds down bets on Chinese equities, returns capital to investors
Hong Kong-based hedge fund Strategic Vision Investment (SVI) has wound down its main Value Multiplier Fund, which invested in Chinese equities, three sources said. SVI liquidated the holdings of the …
In quest to generate alpha, fund managers see GenAI as ‘holy grail’: Citigroup
Investment managers view generative artificial intelligence (GenAI) as the “holy grail” to create value, but the availability of data and cultural change are some of the main challenges, according to …
Hong Kong Monetary Authority to host world-class financial forum again in November
“The executives who attend the summit can also meet local staff and clients, while some of them could also visit the mainland. They can share their insights about Hong Kong …
China’s young ultra-rich seen reshaping wealth management, art collection and luxury spending: HSBC summit speakers
China’s young, tech-savvy, ultra-rich cohort is shaping the wealth management and luxury spending industries, including art collecting, according to experts at a conference in Hong Kong. “The asset management landscape …
Abrdn CIO slams jabs at company’s rebranded name
The abrdn Plc office at St Andrew Square in Edinburgh, U.K. on Thursday, Nov. 11, 2021. Jonne Roriz | Bloomberg | Getty Images The press making jabs at the current …
HSBC summit: Hong Kong’s financial ecosystem is robust, resilient and unwavering, HKMA’s Eddie Yue and SFC’s Julia Leung say
“You may still hear noises or perceptions … [that] Hong Kong’s growth as a financial centre is fading,” Yue said. “But if you look at the numbers, they paint for …
Hong Kong fund managers set up shop in Middle East finance centres to seize opportunities, talent
Last month, Hong Kong-based hedge fund Infini Capital Management opened an Abu Dhabi office after receiving in-principle approval from Abu Dhabi’s Financial Services Regulatory Authority (FSRA) to establish a presence …
Hong Kong budget: Paul Chan has pulled all stops, but has city done enough to secure asset and wealth management hub status?
Funds industry bodies and advisers have welcomed the promise of tax breaks, grants and investment schemes, and a re-domiciliation mechanism made by Financial Secretary Paul Chan Mo-po to attract more …
Opinion | Why stock market stars are at odds with real world’s investment needs
We should be asking much deeper questions now than simply about whether and when another stock market bubble burst might come. We should be re-examining the role of private and …