Fund managers told to prepare for post-RQFII future
April 15, 2015--Chinese fund managers in Hong Kong have been warned that Stock Connect and global competitors will erode their RQFII position,
so they need to boost their skills to offer clients value-added services.
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Source: Asian Investor
Developing East Asia Pacific Growth Remains Robust in 2015
Lower Oil Prices Offer Opportunity for Fiscal Reforms
April 13, 2015--Economic growth will ease slightly in developing countries in East Asia and Pacific this year, even as the region benefits from lower oil prices and a continued economic recovery in developed economies, according to the East Asia Pacific Economic Update released today by the World Bank.
The developing economies of East Asia are projected to grow by 6.7% in 2015 and 2016, slightly down from 6.9% in 2014. China's growth is expected to moderate to around 7% in the next two years compared with 7.4% in 2014.
Growth in the rest of developing East Asia is expected to rise by half a percentage point, to 5.1% this year, largely driven by domestic demand-thanks to upbeat consumer sentiment and falling oil prices-in the large Southeast Asian economies. Several smaller economies, especially commodity exporters such as Mongolia, will see lower growth.
view report-East Asia Pacific Update, April 2015: Adjusting to a Changing World
Source: World Bank
Three recommendations on urban development for inclusive growth in India
April 13, 2015--The World Economic Forum has released a new report, The Future of Urban Development and Services Initiative: Urban Development Recommendations for the Government of India.
The report highlights the importance of wider private-sector participation to bridge the urban infrastructure and services funding gap, widening due to India’s rapid urban population growth.
Three strategic recommendations and case studies are proposed to guide the Government of India in addressing the most pressing urban development challenges.
The World Economic Forum recommends three actions the Government of India can consider to deliver inclusive urban growth. The report highlights the role the private sector can play to bridge the estimated $110 billion funding gap that could hinder India's ability to provide basic urban infrastructure and services to its rapidly growing urban population.
view the report-The Future of Urban Development & Services:
Urban Development Recommendations for the Government of India
Source: WEF (World Economic Forum)
Global EM fund flows heavily favour Asia
April 13, 2015--US research highlights the dominance of China and Asia in global mutual fund and ETF flows to emerging markets,
revealing a startling imbalance between equity and bond allocations.
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Source: Asian Investor
BOJ Mar Minutes: Must Watch JGBs on More Easing
April 12, 2015--A few Bank of Japan board members expressed the view that the BOJ must pay attention to developments in the Japanese government bond markets, including its functioning and negative side-effects stemming from more easing, at the March 16-17 policy-setting meeting, the minutes released Monday showed.
"A few members pressed the view that, in pursing QQE, it was important to carefully assess the mechanism of price formation in the JGB (Japanese government bond) market as well as examine and compare the positive effects and side effects of JGB purchases," the minutes showed.
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Source: mninews.marketnews.com
China drops one-account limit for A-share investors
April 12, 2015--China Securities Depositary and Clearing is eliminating a restriction of one account per A-share investor and allowing up to 20 accounts.
The company plans to introduce more reform to encourage investment..
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Source: SmartBrief
BRIEF-Everbright Securities gets approval as market maker for Shanghai 50 ETF options trading
April 9, 2015--Says gets approval as market maker for 50 ETF options trading in Shanghai stock exchange.
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Source: Reuters
BRIEF-Guosen Securities gets approval for SSE 50 ETF options business
April 9, 2015--Says gets Shanghai stock exchange's approval for the commencement of the SSE 50 ETF options market making business.
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Source: Reuters
Convoy plans fee-based online ETF platform
April 9, 2015--The asset management unit will seek to upgrade its type 1 licence to offer a platform for Hong Kong investors to trade US-listed ETFs.
It sees greater ETF usage as a future industry trend.
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Source: Asian Investor
HK bourse booms as Stock Connect hits limit
April 9, 2015--Southbound trading hits its quota limit for the first time, pushing the Hang Seng Index up to a level not seen since the financial crisis.
But fears are voiced over imported...
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Source: Asian Investor