Canadian wealth firm enters China’s private funds market
Montreal-headquartered company already directly holds a 13.9% stake in China Asset Management
Montreal-headquartered company already directly holds a 13.9% stake in China Asset Management
Cheats around the world ‘should be on notice that their days of non-compliance are over’
Questions being raised about whether tech start-ups can dominate in the HNW sector
With one-in-10 having no savings at all
Firms must engage with clients and become trusted advisers or risk them leaving
Building wealth more difficult than for previous generations
It will be able to modify bilateral agreements without fully renegotiating them
It will be able to give financial advice to HNW individuals and family offices in the country
Any ‘individual with significant control’ must be declared – but it won’t be public
In a move to crack down on money laundering and tax evasion around real estate
Brand and leadership team will be retained
‘Brand new industries are not born in front of us very often’