PEOPLE MOVES: Deutsche Bank WM, PGIM Investments, Aviva
German bank names global head of wealth management, as investment firm bolsters intermediary operation
Asia
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St James’s Place targets annual AUM growth of 15-20%
David Bellamy talks Asia, discretionary business, Neil Woodford and more
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Royal Commission case study sparks Asic court action
Adviser allegedly gave inappropriate ‘cookie cutter’ advice to clients to invest in ‘complex’ products
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US Islamic investment platform opens in Malaysia
Firm hopes to offer services across the south-east Asia region from its regional base in the country
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British expat law firm sets up in Singapore
Office will provide English divorce and family law advice to those in the Lion City and south-east Asia
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China approves more investment advisory licences
Market continues to shift from product sales to service orientation
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Fraud concerns for global life insurance C-suite executives
It not only ‘hurts a company’s bottom line but damages its reputation and consumer trust’
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PEOPLE MOVES: American Century Investments, ASI, Raymond James
Asset manager bolsters Asia intermediary operation, while Aberdeen Standard makes Middle East changes
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Wealth tech firm acquires Aussie software company
It provides the UK wealth market with data analytics, client and performance reporting, and compliance
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Aussie regulator wins Westpac pensions cold calling case
Bank says it is ‘carefully considering’ the judgment
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Raffles Family Office to tap into Chinese UHNW market
Shanghai-headquartered joint venture has plans to expand into Beijing, Chongqing and Zhejiang
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Asia wealth unit boosts UBS earnings
Strong Asia Pacific inflows helped offset investment bank losses