08/27/2014

CHOICE calls for ban on asset-based fees

Consumer advocate group CHOICE has called for more stringency around financial advice conflicts of interest, such as asset-based fees, stressing regulation is the gateway to restoring trust in the profession.

08/24/2014

China details wealth-management assets

Wealth-management assets in China’s banking sector jumped more than 23% in the first half of this year, but most of these are either invested in low-risk securities or cash

08/19/2014

China Universal to close wealth management fund

The performance of the majority of short-term wealth management products have trailed the market because of low liquidity, as these closed-ended funds can only be subscribed to and redeemed on designated days.

08/19/2014

Family office concept gains traction in India

As Mumbai-based Waterfield Advisors builds a multi-family office with the backing of tech tycoons the Patni brothers, others are said to be making similar moves in India.