T Rowe Price partners with UBS GWM
To offer its health sciences strategy to the Swiss bank’s private wealth clients in Singapore and HK
Asia
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PEOPLE MOVES: Allianz, Wren Sterling, Sovereign Trust
Financial services group names CEO of APAC, as IFA firm hires acquisitions director
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Aussie bank exits life insurance market with A$524m deal
It will ‘continue to invest in the transformation and growth of its wealth management’ arm
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Ex-Credit Suisse executive opens London wealth firm
It is already looking to expand to Switzerland, Monaco, Dubai and Singapore
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8.2% drop in new business for Hansard
Decline attributed to ‘extended summer breaks’ and easing of global travel
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MAS proposes regulatory shake-up for retail investors
To help them understand ‘the unique characteristics and risks associated with more complex products’
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Perils of online stock trading for retail investors
Advisers warn it almost always ends in losses
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MetLife unveils financial adviser platform in Australia
To help the industry which has ‘undergone an incredibly tumultuous couple of years’
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What does the future hold for Australian advice market?
‘Still a lot of B-grade advisers who don’t have the education, intelligence, experience or wit’
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Praemium bats back A$785m bid for its Australian business
But platform says it is ‘open to engagement at an appropriate valuation’
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PEOPLE MOVES: HSBC AM, M&G, Julius Baer
Asset manager names APAC and Hong Kong CEO, while UK firm hires first CIO
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Pictet forms strategic alliance with Thailand bank
In a bid to improve wealth management services in the country