I'm looking to set up a low-maintenance, low-fee regular investment plan in a simple portfolio. If I were in the US, investing in Vanguard funds would seem to be a no-brainer, however Vanguard in Hong Kong only seems to offer a single Asian ETF.
Because I work at a financial institution, I need to obtain pre-clearance each time I buy/sell stocks & ETFs, which makes the process cumbersome. Although I hate the fees, investing in an actively managed portfolio (no pre-clearance necessary) seems to be the easiest approach for someone in my situation. I have found that Fidelity seems to at least waive the sales fee if you invest >HK$20k monthly. Are there any other providers with deals worth looking into, or alternative solutions? I see that Schwab supposedly offers a range of no-load offshore mutual funds, but is there a catch of some sort? Don't see why anyone would buy funds through their banks/insurers if it's possible to purchase them without fees.
Also interested to hear how people are approaching asset allocation at this juncture in the market, especially with a lump sum to invest.