07/14/2014

New Zealand P2P lender Harmoney gets FMA license

Harmoney today announced that it was the first lender in New Zealand to reach the standard required to obtain a Peer-to-Peer Lending License as granted by the sector's regulator, the Financial Markets Authority.

07/14/2014

Money Flows In, Profits Shrink for China Fund Managers

China's mutual-fund managers' profits have slumped even as assets under management have hit a record high, reflecting Chinese investors' shift to money-market funds and a reluctance to fully embrace the nascent fund industry for the long te

07/13/2014

Vietnam to launch first domestic ETF

To launch the VFMVN30 ETF, VietFund has received support from the State Securities Commission, the Ho Chi Minh Stock Exchange (HOSE), and the Vietnam Security Depository in aspects including: co-operation in building the platform; investor education; trai

07/10/2014

Managers face hurdles as RQFII scheme expands

RQFII fund managers face increasing pressure from the pending Stock Connect scheme and narrowing onshore/offshore bond spreads, which could reduce the appeal of debt products.