Death penalty handed to former asset manager in China
He was convicted of graft, corruption and bigamy
China
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Alliance Bernstein targets China’s retail investors
At least six foreign players have plans to set up mutual fund companies in the country
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Amundi China wealth JV eyes €60bn AuM by 2025
Asia is ‘major focus’ of the firm’s expansion strategy
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Julius Baer reportedly eyes China wealth joint venture
It wants to join forces with a local firm to tap into the country’s growing financial services sector
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China holds half of Apac billionaire wealth
Ultra-high net wealth individuals in Asia Pacific make up 38% of the global billionaire population
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Chinese wealth firm mulls retail fund business
It has also applied for a mutual fund advisory licence in the country
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Ping An of China AM targets global investors with umbrella fund
It wants to launch ‘more products and services’ that meet demands of people across the world
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Life insurer eyes expansion in Singapore
It hopes agency channel will be ‘powerful platform’ to ‘nurture top talents within the industry’
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Vanguard exits Hong Kong
Firm has ‘future aspirations’ in Asia to serve Chinese individual investors in mainland China
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Blackrock wealth management joint venture in China approved
As asset manager eyes expansion in the country
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Julius Baer partners with Chinese wealth management institute
In a bid to improve training and education in the country
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Tencent reportedly launches fund advisory business in China
Investors will be able to access the service via its social media app