Hong Kong just signed its fourth mutual fund recognition agreement with one of its longest and closest trading partners – the UK. At the same time, Brexit is compelling UK asset managers to look beyond European borders for opportunity. For these reasons, the excitement around this arrangement may be justified.
Just last week, the SEC published a new strategic plan covering 2018-2022. It’s focused on making the agency more effective in an ever-evolving market and provides an effective roadmap to areas of regulatory focus in US asset management for the foreseeable future.
The absence of globally accepted environmental, social, governance (ESG) standards has not detracted from the rapid growth in ESG fund inflows. However, data driven evidence of “walking the walk” are key components to building and retaining credibility in the ESG arena.
Fresh off his trip to Greater China, Adrian sits down with Des O’Donoghue, Chief Operating Officer and co-founder of FundRecs to talk about some of his observations. He discusses technological developments in Greater China that are likely to have significant impact to asset managers globally.
BBH’s Global Regulatory and Market Strategists Carla Jane Findlay-Dons and Adrian Whelan recently travelled to Hong Kong and Beijing to discuss market hot topics with local clients and industry leaders. Adrian had the honour of delivering a keynote speech at the Asset Management Association of China’s International Business Committees Conference and they also managed to squeeze in a little fun. Here, in Part 4 of a 4-part series, he shares his personal China experience.