Citigroup and ChinaAMC launch China equity fund
Citigroup and ChinaAMC have jointly launched a retail China equities fund.
Asia
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Vistra expands into Guangzhou through acquisition
Vistra has expanded into China, with the acquisition of a trust and corporate service business there
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Threadneedle continues expansion into Asia
Threadneedle has appointed its first Asia Pacific chairman as the firm continues its drive into the
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Tiny Singapore excels in global rankings
Helen Burggraf considers the rise and rise of Singapore as a global financial centre.
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International sales boost Friends Provident’s results
A resurgence in consumer confidence in key overseas markets boosted Friends Prov’s 3rd Q results.
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Asian sales boost Prudential third quarter results
Robust growth in its Asian division boosted sales and profit in the third quarter, the Pru said.
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Standard Chartered to hire 4,000 in SE Asia
Standard Chartered plans to hire up to 4000 staff in South East Asia over the next two years.
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Julius Baer granted licence in Hong Kong
Julius Baer has been granted a licence by the Hong Kong Monetary Authority.
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Guernsey and Shanghai sign memorandum of understanding
The Guernsey government has signed a memorandum of understanding with Shanghai.
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Jersey Finance reports strong growth in Asian listings
Opening an office in Hong Kong last year has significantly increased bank and corporate listings.
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Munro promoted to HSBC AM Asia Pacific CEO
HSBC Global Asset Management has appointed Joanna Munro as its new CEO for the Asia Pacific region.
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Emerging markets seek to prevent market bubbles developing, as investors pile into them
Investor enthusiasm for emerging markets is causing EM regulators increasingly to intervene.