Majority of HK Singapore affluent investors trust
The majority of affluent investors in Singapore and Hong Kong trust advice given by professional advisers when buying life insurance or wealth planning solutions, according to new research.
The majority of affluent investors in Singapore and Hong Kong trust advice given by professional advisers when buying life insurance or wealth planning solutions, according to new research.
Capital Group has appointed Andrew Economos as senior vice president, strategic solutions.
Hong Kong and the United States have concluded their discussions on the implementation of the Foreign Account Tax Compliance Act, with Hong Kong expected to sign a model 2 intergovernmental agreement later this year.
A greater majority of fund managers in Hong Kong continue to hold a bullish view on equities, with a preference towards European equities, according to a survey by the Hong Kong Investment Funds Association.
Singapore and the United States have signed an agreement which will enable Singapore-based financial institutions to more easily comply with the US Foreign Account Tax Compliance Act.
Hong Kong has signed its first ever tax information exchange agreement (TIEA), paving the way for its implementation of the US foreign account tax compliance act.
A majority of mainland investors travelling to Hong Kong are keen on making fund investments over the next 12 months and see a greater potential for schemes those invest in Hong Kong and China equity funds.
The Royal Bank of Scotland (RBS) has been fined and received its second regulatory reprimand in less than one month after it was found guilty of misconduct in Hong Kong.
Lombard Odier Investment Managers has appointed Jean-Louis Nakamura chief investment officer for the Asia Pacific region, as it continues to develop its business there.
Old Mutual Global Investors has beefed up its Hong Kong based Asian distribution team and has further plans to further boost the sales team during the year.
East Capital has expanded its Hong Kong sales team by appointing Sébastien Gandon as senior account manager.
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.