Most years, press coverage of expatriate Britons and other Europeans and Americans in Asia tends to focus on those who have relocated to Singapore, Hong Kong and/or mainland China. This year, though, Thailand seems destined to steal at least some of the limelight.
Fund selectors in Hong Kong are betting on investments in multi-asset classes to boost returns in the current low yield environment.
Asset managers are increasingly having to broaden their investment strategies in order to deliver decent returns for investors.
Asian insurers are adopting a more tactical asset allocation than their global peers, turning their investments to higher yielding and less liquid assets so as to maximize returns in a low yield scenario, according to BlackRock’s Global Insurance Survey 2013.
DeVere has hit back at an article published yesterday by the South China Morning Post which claimed “unlicensed advisers” operating for the company sold insurance products “using aggressive sales tactics”.
Eastspring Investments, the Asia asset management arm of UK-based Prudential, today launched an index offering insights into investors’ planned asset allocation over the next six months across Asia.
An investigation by the South China Morning Post claims to have found that key members of international advisory firm deVere’s Hong Kong based personnel are not licensed.
MBMG Group, the Bangkok-based advisory firm specialising in advising expatriates, has said it intends to apply to the Singaporean financial services regulator for permission to expand its business in the city-state to include asset management advisory services.
Pioneer Investments has gained a licence to do business directly with distributors in Taiwan.
Concerns that a move to create a mutual recognition fund market between Hong Kong and China, which ultimately could be expanded regionally across Asia, poses a threat to Europe’s Ucits brand are “overstated” at least for now, according to Cerulli, the research organisation.
In a bid to strengthen cooperation on financial sector development and regulation, Singapore and China today agreed on series of initiatives that will further promote the international use of the Renminbi through Singapore.
Buoyed by the growing opportunities in the Asian region, alternative asset manager Blackstone, has set up its first office in Singapore.
