Old Mutual Intl launches
Old Mutual International has launched a new wealth management product which is fully compliant with the ban on indemnity commission introduced in Hong Kong on 1 January this year.
Hong Kong
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HK fund body positive on Stock Connect
A majority of fund houses in Hong Kong intend to use the Stock Connect in 2015 to access the China A-share market, according to a survey by the Hong Kong Investment Funds Association.
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Hong Kong regulators halt securities firm
The Securities and Futures Commission has frozen the activities of Goodcape Securities (GSL) for being insufficiently capitalised.
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HK firms must fix failures in sale practices
Corporations in Hong Kong must do more to fix deficiencies surrounding the sale of financial products, according to findings from the Securities and Futures Commission (SFC).
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Fund transactions up in Hong Kong
The total transaction value of mutual funds and unit trusts in Hong Kong increased 35% in 2014, while the aggregate value of all product categories was down 8%.
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Civil disobedience done right
Are Hong Kongs pro-democracy protests a threat to society? To Beijing? And could they turn violent? Will they persist indefinitely?
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Rowan Dartington targets international
Rowan Dartington has tapped into the international wealth management market with the rebrand and full launch of its international wealth platform.
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First Lux UCITS approved Hong KongShanghai stock
The first Luxembourg UCITS has been authorised for use in the Hong Kong Shanghai stock connect program.
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Local partnerships must for global AMs
Foreign asset managers aiming to establish an Asia footprint should develop partnerships with local managers to gain wider access to the retail investor base, according to a Cerulli study.
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Sweet spot growth sees Asian profits boom
Prudential has seen its Asian profits grow by 18% so far this year following particularly strong performances in its sweet spot jurisdictions of Hong Kong and Singapore.
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Shanghai Hong Kong connect
Only partway through its opening day, the Shanghai-Hong Kong Stock Connect had already seen Hong Kong-based investors hit their USD $2.1bn (£1.3bn) daily quota.
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Asia retail investors shirk financial advice
The majority of retail investors in Asia are self-directed and do not rely on financial advisers when making investment decisions, says research by Cerulli Associates.