Your cut out and keep guide to the changing
From the UAE to Singapore, the asset management industry is witnessing huge regulatory change. Here KPMG provides a concise breakdown of what you need to know.
China
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Barings plans Hong Kong fund range for early 2015
Baring Asset Management is planning to launch a range of Hong Kong domiciled funds early next year, with a view to selling the range in China.
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blackrock receives rqfii license
BlackRock Asset Management North Asia, a subsidiary of BlackRock, has received its first renminbi Qualified Foreign Institutional Investor (RQFII) license from the China Securities Regulatory Commission.
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Hong Kong and China to link stock markets
The financial regulators of Hong Kong and China are working on a deal which will allow investors in both countries to participate in each others stock markets.
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hft to launch rmb money market fund this month
HFT Investment Management is planning to launch a renminbi money market fund into Hong Kong later this month.
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nordea awarded chinese trading licence
Nordea Asset Management has become one of the first groups outside Hong Kong to receive a licence allowing it to invest in the Chinese stock market.
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ocbc bank offer to acquire hk wing hang bank
Singapore’s Oversea-Chinese Banking Corporation has made an offer to acquire Hong Kong-based Wing Hang Bank to expand its business in North Asia.
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blackrock appoints zhu head of china equities
BlackRock has appointed Goldman Sachs Helen Zhu as managing director and head of China equities.
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barings to close china growth fund
After five years‚ the asset manager has decided to close its China Growth Fund.
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china leading source of new offshore clients
Relatives of China’s top political leaders‚ past and present‚ are among nearly 22‚000 people in China and Hong Kong whose offshore holdings have been revealed in a leaked cache of documents unveiled yesterday.
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china fatca obliges mainland residents
While much of the world’s wealth management industry has been focusing on the new‚ American asset-reporting law known as FATCA‚ China has quietly implemented its own set of regulations that require the country's wealthy to declare their offshore holdings.
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east capital latest in china rush
Emerging markets specialist East Capital has launched the Luxembourg registered China A-Shares Fund, to be managed out of its Stockholm HQ and Hong Kong.