PEOPLE MOVES: Axa, Tilney Smith & Williamson, Oak Group
Insurance giant makes c-suite changes, while UK wealth manager names COO
Asia
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Insurance group buys Bank of East Asia life arm
Companies have also entered into a 15-year bancassurance partnership
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Capital Group unveils Asian Horizon fund
It invests in companies with at least two-thirds of net assets based in Asia ex-Japan
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NRIs get clarity on foreign direct investment rules
Foreign investors can also use the NRI route to gain greater control of companies operating in certain sectors
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Asian investment firm buys 61.5% stake in Indian wealth manager
As the business eyes demerger and listing
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Is Hong Kong still an attractive advice market?
Companies split as some say it is ‘grim in the short term’ and others are ‘positive for the outlook’
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JPMAM expands China wealth management partnership
Firms will ‘contribute to joint product development and design’
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Wealth firm unveils global family office JV with Hinduja Group
It will have operations in London, Geneva and Singapore
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Singapore digital wealth manager rolls out ESG portfolios
As UBS Asset Management launches three Hong Kong-domiciled funds
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PEOPLE MOVES: Royal London AM, AHR Private Wealth, Tilney S&W
Asset manager names CEO, while international advice firm makes triple hire
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Would an exit levy help keep costs down for advisers?
It would mean financial institutions leaving the sector still contribute
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How much will wealth management connect bolster Hong Kong?
68% of firms in the sector said they will benefit from the launch of the scheme