Fund managers

India has been ranked as Asia’s least-preferred stock market, having replaced Indonesia in a Bank of America Corp. poll. This finding came from a survey conducted among fund managers and indicates growing caution regarding the market's performance.

A Bank of America survey revealed that fund managers are highly bullish regarding stocks. Despite potential concerns about higher interest rates, a global slowdown, political instability, and AI capex, investors reportedly aren't especially troubled by these factors in late summer.

A major reform in Germany's pension system, dating back to its establishment by Chancellor Otto von Bismarck, is set to occur. This shift involves an estimated €500 billion in funds. The change is expected to provide modern fund managers with a substantial new amount of cash to deploy.

European bonds are becoming a preferred option for fund managers amid challenging global risks. The shift reflects increased uncertainty in the global financial environment.

Most global asset management firms plan to increase their AI budgets by at least 50% in the next year. A study by Clearwater found that 62% of fund managers anticipate transformative changes in data generation and summarization due to AI adoption.

SEC commissioner Hester Peirce suggests some crypto vaults and curators may function as fund managers, potentially requiring registration. This classification could impact how these entities operate under regulatory frameworks.

Fund managers in Taiwan must lock away their mobile phones during trading hours and are seeking regulators to lift the ban. The current policy restricts phone use until the end of the trading day.

Singapore is considering tax cuts for fund managers to compete with Hong Kong. The article also mentions a US-Iran war expansion and the EU facing crumbling support for new Russia sanctions.

A new Bittensor proposal aims to reclassify validators into roles similar to fund managers. The change suggests a shift in how validation responsibilities are structured within the Bittensor network.

Hong Kong's government introduced a bill to waive salary tax on performance-linked bonuses for fund managers under specific conditions, aiming to strengthen the city's position as a wealth management hub. The bill, set for its first legislative reading on June 24, seeks to attract fund managers and family offices by offering tax incentives.

Hong Kong's government introduced a tax break for fund managers' performance-linked bonuses to strengthen its role as a wealth management hub. The bill, set for a first reading on June 24, aims to attract fund managers and family offices to the city.

Investors and fund managers advise Scotland to avoid long-term debt to mitigate the risk of a higher independence premium. The market is expected to be cautious about long-dated bonds as Scotland plans its first bond issuance since the 17th century.

Fund managers are pushing for stricter reporting regulations following a scandal linked to the Philippines. The article mentions flooded houses in Ilagan City, north of Manila, on November 11, highlighting natural disaster impacts.