Mainland firms drive Hong Kong product sales
Collective investment schemes sales rose 84% in April 2017-March 2018, nearly double than in 2016
Asia
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Swiss financial group launches private market advisory firm
Investors will have access to private equity, private debt and real estate
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ANZ pondering wealth deal after regulatory action
Australian regulator is seeking to disqualify some of IOOF Group’s managerial team
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Middle, Far East investors flock to Lombard International’s UK life plan
The firm says its moving to more traditional pure protection policies for modern and complex clients
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Prudential’s investment management arm opens Shanghai office
The operation will aim to serve the investment needs of high net worth individuals in China.
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UK net retail sales suffered £1.6bn of outflows in October
The Investment Association also found that mixed asset was the best-selling vehicle during the month
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Hong Kong urgently launches insurance fraud prevention database
Federation says need to move quickly as ‘lagging far behind’ other countries
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Citi hires from DBS for India wealth push
The firm is aiming to bolster its Indian wealth management business with a number of appointments
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Singapore to simplify cross-border arrangements
Foreign corporations would only have to notify the MAS instead of seeking approval
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AmMetLife launches Malaysian life plan
The new solution will include coverage of genomic testing for customers diagnosed with cancer
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Shanghai-London stock link to launch next week
The programme would allow investors to buy stocks indirectly through depositary receipts
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Pacific AM and DeVere to launch mutual fund range
Active multi-asset solutions and a global equity income fund on offer