ifs sisters among three new hires at aam
Sisters Tanya Maher and Rebecca Regan are among three advisers who have joined Singapore-based AAM Advisory from International Financial Services, a local rival.
Asia
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axa enters partnership to sell life products
Axa has entered into a partnership with SingPost to sell life insurance products in Singapore from January 2015.
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standard chartered becomes one of few foreign
Standard Chartered Bank is to sell domestic mutual funds in China, becoming one of the first foreign banks to do so in the country.
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founder of arab malaysian banking group shot
The founder of a major Kuala Lumpur-based bank was shot dead in the parking lot of a temple in that city on Monday, and his wife was injured, in what is being seen as a probable contract killing.
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hong kongs sfc fines a one over fraud case
Hong Kong’s financial regulator the Securities and Futures Commission has reprimanded investment company A One for failing to prevent a fraudulent transaction of client funds slapping it with a HK$1.2m ($155K, £163K) fine and suspending one of its responsible officers.
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prominent hong kong expat expelled for dishonesty
A high profile member of the professional British expatriate community in Hong Kong has been expelled from the Chartered Institute of Taxation (CIOT) for dishonesty.
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hong kong asset managers mark record year in 2012
Fund management assets in Hong Kong were 40% higher at the end of last year than at the end of 2011, according to figures released by the Securities and Futures Commission today.
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lg im launches institutional business in asia
Legal & General Investment Management has launched an institutional Asia Pacific business based in Hong Kong.
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assets under management in singapore leapt
It's not exactly a secret that Singapore is increasingly becoming Asia’s wealth management centre of choice as well as the choice of growing numbers of individuals living in many other corners of the globe and this was reinforced today in a wide-ranging report by the city-state’s regulator.
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magnus heads new evercore singapore branch
US Banking advisory firm Evercore is to establish a Singapore office and has hired Keith Magnus – currently head and chairman of UBS’ Singapore and Malaysia Investment Banking division – to run the new SE Asian branch.
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fpi to stop top ups and premium increases
Friends Provident International is to stop accepting premium increases and top-ups on existing policies from Japanese residents later this month.
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hong kong legco passes trust law
In what has been described as a bid to boost the competitiveness of Hong Kong’s asset management industry, Hong Kong's Legislative Council has approved proposed amendments to the jurisdiction’s trust laws.