Lipper Fund Awards 2018 – Hong Kong Highlights Video In the words of Guest Speaker, Mr. Joseph Chan, the Under Secretary for Financial Services and the Treasury for the HKSAR Government, “Congratulations go to all the winners who are no doubt the cream of the crop of Hong Kong’s fund management industry.” Like every year, at this event we recognize funds and fund management firms for their consistently strong risk-adjusted three-, five-, and ten-year performance, relative to their peers, based on Lipper’s proprietary performance-based methodology. The Lipper Fund Awards provide a unique opportunity for fund managers, fund distribution professionals, wealth

ESG investment is increasingly becoming a mainstream practice – after all, such an approach is fundamentally concerned with the long-term financial health of investee companies – but still faces barriers to its complete acceptance. This following summarizes the main takeaway from a recent webinar hosted by Responsible Investor, which featured expert speakers from the Global Reporting Initiative (GRI), State Street, Folketrygdfondet (Asset Manager for the Government Pension Fund Norway) and Thomson Reuters. The speakers agreed with Elena Philipova, Global Head of ESG at Thomson Reuters, when she said that incorporating ESG data is “no longer an obscure investment decision, but

The general tone of the municipal market continues to be neutral, but optimism is building overall, at least for the short term. When looking at the long term, even with higher interest rates seemingly assured Twelve percent of the more constructive traders see a move lower in yield for both the 10-year and 30-year MMD AAA spot rates of 4 to 6 basis points. PMs predicted even more significant moves, with 40% seeing drop in yield of 7 bps for the 10yr MMD spot rate and 20% expect a possible move that large for the 30yr range. Bearish respondents are

Bank of America Merrill Lynch holds the top spot among municipal bookrunners through  June 20th,  leading 225 deals with proceeds totaling nearly US$26 billion, according to Thomson Reuters. The number of deals by BAML, however, are down by 43 compared to the same period a year ago. Citi is holding the No. 2 spot with 178 deals totaling to US$18.5 billion in proceeds. Moving up two spots to the number 3 position is Morgan Stanley, which has run 141 deals that have garnered US$13.1 billion. Dropping back one spot to the number 4 position is J P Morgan with US$11.7