Ex-AAM Advisory chief exec sacked for inappropriate behaviour
He stepped down from the top job in April
Asia
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Hong Kong insurance regulator to start imposing penalties
It has published guidelines that will be effective from 23 September 2019
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MetLife sells its Hong Kong operation
Deal will see the insurance business of Pacific Century Group expand in Asia
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PEOPLE MOVES: Rathbone IM, Standard Life Aberdeen, T Rowe
Investment management firm bolsters its international arm and UK firm expands distribution team
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Sustainable investing on the rise with Asian HNWs
Standard Chartered survey finds 68% of investors want to help create a better future through ESG
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Private bank snaps up Indian wealth manager
Deal will increase the group’s presence in the country as it looks to tap into its HNW market
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MetLife partners with Aussie advice industry to support women
Association of Financial Advisers and insurer set up professional development grant to attract talent
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Bank of Singapore to buy Malaysian fund manager
OCBC subsidiary to target country’s growing high net worth population
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Credit Suisse and Allfunds join forces to expand fund outreach
Services and solutions for asset managers, fund distributors and other intermediaries on the agenda
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PEOPLE MOVES: River and Mercantile, IOOF, Stonehage Fleming
Changes at the top for the UK asset manager and Aussie financial adviser
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Wealth firm aims to ‘disrupt’ global private banking space
Newly created business eyes $5bn in assets under management by 2022
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Malaysia finance centre eyes Chinese opportunities
Partners with trust company service provider to enhance outreach