Offshore law firm opens Hong Kong office
Collas Crill has set up a representative office in Hong Kong to extend the offshore law firm’s reach in Asia.
Hong Kong
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Hong Kong fund house breaks into Switzerland
BEA Union Investment Management, a Hong Kong-based fund house, has received approval to sell its products in Switzerland.
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Value Partners in fund distribution pact with Forbes
Hong Kong’s Value Partners has formed a strategic partnership to distribute funds with media company Forbes, which is branching into financial services.
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Hong Kong fund industry tax concerns under review
The Hong Kong Government will be conducting a comprehensive review of the existing tax concessions applicable to the fund industry, according to Paul Chan, Hong Kong’s financial secretary.
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Levy to hit Hong Kong life insurance
Insurance policyholders in Hong Kong will be hit with a rising levy on premiums from 1 January 2018, the special administrative region’s new Insurance Authority (IA) has confirmed.
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Analysis: Nexus targets expats amid big changes in Asia
A major international life company acquisition, a Singapore advice firm pushing into the expat space and a new insurance regulator in Hong Kong mean more change for Asia.
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Online insurer ZhongAn eyes life market
Online-only insurer ZhongAn Online Property and Casualty Insurance is planning to offer life insurance and healthcare products to accelerate growth after going public in Hong Kong.
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T Rowe Price to launch bond funds in Hong Kong
Global investment manager T. Rowe Price plans to sell four fixed income funds to retail investors in Hong Kong for the first time, according to records from the regulator.
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AXA sell off in Hong Kong sees high demand, press report
Around two dozen bidders are competing to buy the Hong Kong wealth management unit of French insurance giant Axa SA, according to Reuters.
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Non-linked life premiums dip in HK as linked rise sharply
Non-linked individual life and annuity premiums were down in the first half of 2017, while linked life business rose sharply by 158.8%, latest figures from the newly launched Hong Kong Insurance Authority (HKIA) show.
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Hong Kong and Dubai market watchdogs partner on fintech
Hong Kong and Dubai-based securities watchdogs have penned a cooperation agreement on fintech innovation.
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New Hong Kong wealth firm led by ex-UHNW exec
A former UBS director of ultra-high net worth (UHNW) assets is part of a team behind the newly-established DC Wealth Management (HK).