FTSE Russell Green Lights Chinese Govies for Index Inclusion

The latest inclusion follows a broader trend of marketing opening by Chinese authorities. In May this year, foreign investor access into mainland equity markets were also loosened after regulators scrapped quota limits for its cross-border channels &l


Global Financial Centres Index 28

GFCI 28 again shows a relatively high level of volatility, with 23 centres rising ten or more places in the rankings and 20 falling ten or more places.


China's Ping An Insurance boosts HSBC stake

The Chinese insurer began buying shares in the bank, which makes the bulk of its revenue in Asia, in 2016 as part of its insurance investments and in December 2017 passed the 5% threshold after which it had to announce its holding.


Iress sweetens OneVue offer

OneVue shareholders will meet virtually to consider and vote on the proposal on 9 October 2020.


Fund seeks to internalise management

EDC said the change will eliminate all external fee payments and avoid perceived conflicts of interest which it says might exist within external management models.


Morningstar ratings tally for global equities

Six funds moved from silver to gold: Platinum Asia, Robeco Emerging Conservative Equity AUD, Stewart Investors W Worldwide Leaders, Stewart Investors W Worldwide Sustainability and T. Rowe Price Global Equity.


MLC cuts fees, commissions

Investors will also now receive a monthly fee rebate applied to all options excluding the cash fund.


BlackRock clamps down on work romances

BlackRock is urging its employees to disclose their involvement in office romances, as well as intimate relationships with anyone associated with the US$7.4 trillion asset manager, in a bid to crack down on conflicts of interest.