From the first of June, China’s mutual funds market will become more open to a greater range of product providers, including securities firms and insurance companies, following the release last week of new rules by the Chinese regulator.
ICI Global, a trade association which represents global fund managers, has opened an office in Hong Kong to focus on the Asia Pacific region.
After soft-closing the proposition in December last year, Allianz Global Investors has reopened its Renminbi Fixed Income Fund.
Allianz Worldwide Care, the Dublin-based international health insurance provider, has unveiled a package of corporate healthcare plans for the Chinese market.
Samantha Ho has left Invesco Hong Kong with Mike Shiao and Joseph Tang taking over her fund management responsibilities.
Members of the Isle of Man business community this month presented to a group of 14 high net worth Chinese entrepreneurs, to raise awareness of the benefits of doing business with the island.
Julius Baer has opened a representative office in Shanghai, as it looks to expand into China.
Barclays Wealth has poached Januar Tjandra from Goldman Sachs as its Hong Kong-based head of Greater China.
Citigroup First Investment Management and Bosera International have teamed up to launch China Balanced, a Cayman Islands-domiciled unit trust investing in China-related equities and bonds.
Manulife Financial, the Canada-based insurance giant, has signed a new framework agreement with Bank of China, which it says will run for a minimum of two years.
China is putting the finishing touches on a new regime for taxing foreign workers as it continues to build its social services infrastructure.
Bank of America Merrill Lynch has launched a Dim Sum Index in a move that pays homage to the rapid development of the Chinese renminbi-denominated offshore bond market in Hong Kong.
