Jersey-based Nautilus Trust is continuing its global expansion strategy with the opening of an office in Hong Kong‚ where it is looking to take advantage of the jurisdiction's recently-amended trust laws.
Financial advisory firms in China’s Special Administrative Region are hiring‚ as Western businesses continue to establish bases in the region‚ and look to promote their services into China and the rest of Asia
The Hong Kong Federation of Insurers has expressed serious doubts over the effectiveness of the proposed health protection scheme (HPS) of the government in alleviating the burden of the public system.
Manulife Asset Management Hong Kong will introduce a new fund to its mandatory provident fund account platform from 16 December.
Equity funds were popular in Hong Kong during the third quarter notching up net inflows of US$1.8bn, while bonds funds suffered net outflows of US$2.7bn, according to the Hong Kong Investment Funds Association.
The Financial Services Development Council of Hong Kong has published proposals to broaden the fund structures permitted in the territory, including open-ended investment companies, in a bid to attract more funds to domicile locally.
The deVere Group’s founder and chief executive is to expand the Acuma wealth management operation he bought earlier this year into Hong Kong next week, as the first step in a planned roll-out across Asia, International Adviser can exclusively reveal.
Zurich is to stop selling its range of life insurance products through tied agents in Hong Kong, from the end of this year.
Standard Life Investments has set up a new office in Hong Kong as part of its on-going Asian expansion plan and in order to make the region its Asia Pacific hub.
Concerns that a move to create a mutual recognition fund market between Hong Kong and China, which ultimately could be expanded regionally across Asia, poses a threat to Europe’s Ucits brand are “overstated” at least for now, according to Cerulli, the research organisation.
Zurich has appointed Paula Choi as chief executive of its global life business in Hong Kong.
Manulife, the Toronto-based global insurer with a major presence in Asia, has unveiled what it calls a "high end medical protection" range to provide basic hospitalisation benefits to a maximum annual coverage of as much as HK$22m (£1.8m, $2.8m).
