PEOPLE MOVES: Jupiter, Invesco, Allianz
Global head of distribution leaves fund manager, as investment firm bolsters multi-asset team in UK
Asia
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Couple launch legal bid against Aussie advice firm
‘Investments recommended to them may have been inappropriate for their goals and objectives’
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Hong Kong regulator takes aim at orphan insurance policies
After rise in complaints from policyholders
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PEOPLE MOVES: FCA, Deutsche Bank WM, Quilter
Chair of the UK financial watchdog to step down in 2022, as wealth manager hires managing director in Asia
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Japanese financial services group unveils wealth management arm
Firm said there is a need for a ‘stable and robust’ offering in the market
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NRIs need to approve recurring payments in battle against fraud
They will have to send their banks in India advance notifications or face having transactions cancelled
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Singaporeans should not rely on property for retirement
Bank says investors need to look at alternatives ‘which have comparable, if not superior, returns’
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Global wealth firm eyes Swiss and Singapore expansion
As the company sees further M&A opportunities in cross-border and expat advice markets
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UBS Chinese subsidiary gets distribution licence
Making it the second wholly foreign-owned enterprise to obtain such permissions
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Strong demand in Hong Kong for structured products
Equity-linked vehicles and collective investment schemes were the two biggest sellers in 2020
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Which low-tax jurisdiction will HNWs flock to next?
As countries compete to attract wealthy individuals across the world
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Cigna sells APAC insurance operations for $5.75bn
Deal also includes the company’s interest in a Turkish joint venture