Axa IMs Asia chief Flood leaves
Simon Flood has left as head of Asia Pacific at Axa Investment Managers after just seven months in the role.
Asia
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life licence granted to sjp in singapore
St James’s Place (SJP) International, part of the FTSE-100 listed SJP Wealth Management Group, has been granted a life insurance licence in Singapore.
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Standard Life returns to profit in Asia
The Asia and emerging markets division of Standard Life returned to profitability last year after a £5m ($7.7m, 7m) slump in 2013.
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RSA exits joint venture in Indian insurer
UK-based firm, RSA Insurance Group has finalised a deal to sell its stake in an Indian insurer for £46m ($71m, 62m).
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Three Japanese equity funds to keep
Japanese stocks are, once again, an interesting investment class after a 30-year bear market had removed them from the thoughts of many investors, both in Japan and abroad.
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JTC sets sights on Africa with Mauritius office
JTC has moved into Mauritius, where it will look to capitalise on the island’s close proximity to Africa, “one of the fastest growing regions in the world”.
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Appetite for Asia Fund distributor
Jonathan Schuman, head of global business development at Matthews Asia, discusses the company’s leading specialist position in the US and the plans for building its brand in the UK.
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Baillie Gifford creates sterling class for
Edinburgh-headquartered firm, Baillie Gifford, has established a sterling hedged share class for its Worldwide Japanese Fund to counteract fluctuations in the price of the yen versus sterling.
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Hong Kong waives stamp duty on ETFs
Hong Kong Exchanges and Clearing will waive stamp duty on all exchange-traded funds listed in Hong Kong from 13 February to promote the development of the ETF market.
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Manulife Asia merger to target $19trn
Manulife Asia has merged its wealth and asset management divisions in order to target $19trn worth of untapped cash deposits throughout the region.
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RBC Wealth appoints new head
RBC Wealth Management has appointed Juan Aronna as the head of discretionary investment management in Asia.
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Withers forms Singapore partnership
Withers has formed a partnership with a leading Singapore law firm as it looks to increase its revenue in Asia.