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.
Hong Kong
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hk shanghai governments explore ways
The Hong Kong and Shanghai governments are exploring ways to deepen the financial ties between the two cities, including strengthening links in financial services and products.
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courageous asset managers look for new routes
Asian asset managers are increasingly looking for new distribution channels to boost their mutual fund sales, even as banks and securities houses dominate the distribution landscape in the region, according to a report from Cerulli.
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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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victoire asia gets regulatory ok to start hk ops
Victoire Asia Investments, a specialist fund management company, has received the permission from the Hong Kong’s Securities and Futures Commission to start its business in the country.
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asian investors most aggressive finds report
Asian investors are the most aggressive investors globally, according to a recent report, which also found them bullish on stock markets for the coming year.
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standard life asia emerging mkt customer in 2013
Standard Life has registered a 22% on-year growth in its customer base in Asia and emerging markets during 2013, as more investors opted for long-term savings and investment solutions.
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hk government starts consultation for open
The Hong Kong government has begun a three-month consultation for introducing open-ended fund company structures (OFCs).
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Hong Kong regulator waives fees
The Hong Kong capital market regulator has waived the annual licensing fees for another two years, and says it sees this move benefitting 39,000 intermediaries.
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former bae employee and ex-cone
A former Bank of East Asia (BAE) employee has received a life ban from the finance industry after serving a 10 month prison in 2011.
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new york replaces london as top
London has been knocked from its position as the world's top financial services centre by New York in the latest edition of the Global Financial Centres Index.
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rbc appoints new managing director
RBC Wealth Management has appointed a Hong Kong based managing director.