The Asset Management Association of China (AMAC), the fund industry’s self regulatory body, has sharply criticised an online fund marketing campaign launched by a wealth management arm of e-commerce giant Alibaba, involving 16 fund managers.
With Shinzo Abe’s recent announcement of a snap election, Adrian Lowcock, investment director at Architas, assesses the case for investing in Japan.
The winners in Hong Kong for International Adviser’s Best Practice Adviser Awards 2017 series were revealed on 10 October at the Island Shangri La Hotel in Hong Kong.
Both Hong Kong and Singapore have no fund investment tax but carry some of the highest fund fees globally, according to the Global Fund Investor Experience (GFIE) study by Morningstar.
Insurance stats from Hong Kong show a multi-billion dollar market switch prompted by commission and transparency rules introduced last year.
After his name and image were used to defraud members of the public, a billionaire entrepreneur and investor from Singapore has filed two police reports and issued a public warning.
Natixis Global Asset Management will acquire a majority stake in Australia’s Investors Mutual Limited (IML) to take advantage of the domestic retail market and A$2.3trn (£1.4trn, $1.8trn, €1.5trn) superannuation industry.
Collas Crill has set up a representative office in Hong Kong to extend the offshore law firm’s reach in Asia.
BEA Union Investment Management, a Hong Kong-based fund house, has received approval to sell its products in Switzerland.
UAE-based international advice company Holborn Assets has entered the Malaysia market with the acquisition of Kuala Lumpur-based Greenwood Private Wealth Management.
The former chairman of the China Insurance Regulatory Commission (CIRC) has been expelled from the ruling Communist Party following allegations of corruption.
Thailand’s Kasikornbank (KBank) has teamed up with Blackrock to launch the Kasikorn Equity Absolute Return Fund.
