Investor exodus continues
Asset management houses are slashing budgets, staff numbers and closing, merging or restructuring funds as they struggle to survive the global financial downturn.
Asset management houses are slashing budgets, staff numbers and closing, merging or restructuring funds as they struggle to survive the global financial downturn.
China and technology are playing key roles in driving the emerging markets sector from strength to strength, according to the latest data from Morningstar Investment Management.
Hong Kong’s advice market needs to find a common voice to engage with the regulator to help drive improvements across the industry.
President Obama yesterday signed into law a bill which contains little-publicised elements that are expected to impact non-US financial institutions, funds and collective investment structures.