European firms eye deal for Thai asset manager
Binding offers are reportedly expected in the next few weeks
Asia
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Singapore regulator aims to protect investors from cryptocurrencies
As HNWs in APAC region admit they are keen on investing in digital assets
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UBS unveils wealth management platform in China
It is the group’s first offering of its kind in the Asia Pacific region
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Aussie regulator sues crypto provider over ‘misleading’ statements
It claimed that its tokens were regulated and approved in the country
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HNWs demand greater access to international health insurance
Post-Covid, the importance of medical cover abroad has become more important than ever
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LGT unveils wealth operation in India
It has a presence in 14 cities across the country
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Axa IM ponders China wealth management expansion
It could join a growing list of foreign firms seeking to develop operations in the country
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40% of HNWs globally do not have formal inheritance plan
Inadequate strategies ‘can be costly and could lead to unresolved family conflict’
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St James’s Place assets perk up
But FuM still a long way from the £154bn it had on the books at the start of the year
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Asset manager obtains Singapore licence
In a bid to provide wealth inheritance solutions for HNW individuals
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PEOPLE MOVES: Hargreaves Lansdown, Schroders PW, UBS
CEO to retire from investment firm, as advice group names chief technology officer
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Utmost to shut Singapore advice firm AAM Advisory
It was the ‘preferred strategic outcome’ following a review of the business