Managers of Wealth Asia Pacific

India's US$35 bil government pension fund plans equities boost

India’s equity culture may also get a boost from a stewardship code to be rolled out for the country’s fund managers to push for corporate-governance best practices.

Guernsey Finance publishes global distribution strategy statement: connecting to the parts of the world managers want to reach

The strategy statement sets out the aim by which Guernsey intends to become the global jurisdictional platform supporting managers to reach global markets

BSP approves branches, rep offices of 4 foreign banks

At the end of 2017, the BSP said banks further grew their networks and geographic footprint with the help of digital technology in financial transactions.

China Cracks Open Door for Foreign Fund Managers

Regulator allows foreign firms to control 51% of a local securities joint venture, with cap to be removed in three years

IDFC Alternatives to put infra asset management business up for sale

The sale will conclude on the receipt of the requisite regulatory approvals

'Too modest': AMP's potential fines unlikely to influence conduct

Allan Goldin from the Australian Shareholders' Association (ASA) said fines in Australia were very low in comparison to those imposed for similar corporate offences in the US and Europe.

Banks and Hedge Funds Drawn Into Noble Group's Legal Fights

Goldilocks lists creditors as defendants in Singapore suit

Malaysian regulator may issue robo adviser licences by mid-year

Fintech players specialising in robo advisory services have been "engaging with the SC over the past several months", according to one source, and confirmed by another.

Nirav Modi Flees Hong Kong, PNB Scam Accused Reportedly in NYC

Modi and his maternal uncle Mehul Choksi are accused of a Rs 12,000-crore fraud on state-run Punjab National Bank.

UBS Set to Deny Credit Suisse in Pay Vote

Since then, the Swiss bank has revised its salary and bonus policies under board member Kai Nargolwala the compensation committee’s new head

Bank of Japan keeps monetary policy steady

The central bank had been forced to push back the timeframe repeatedly due to subdued inflation.

Asic's conflict-of-interest policies under microscope after AMP revelations

Greens senator Peter Whish-Wilson also wants donations from major banks and financial planners to go into victims compensation fund

Godfrey Pembroke to split with NAB

Reddacliff was then brought in to facilitate the process.

ASIC grilled over negotiating with banks

"If what we're trying to do is ensure that good advice is to provided to Australian consumers, and that's sort of one of the general objectives it [ASIC] set out to do, then engaging with a licensee to ensure a business is on a footing wher

Heffron partnership to offer robo-SMSFs

He added the solution would provide investors with transparency, an aspect of increasing importance in the current climate.

China to unveil new asset management rules soon

The rules are expected to close loopholes that allow regulatory arbitrage, reduce leverage levels to curb asset price bubbles and rein in shadow banking activity.

StanChart Compliance Chief Probed for Misconduct

Neil Barry allegedly made inappropriate comments to colleagues

Booming private wealth draws Credit Suisse to PH

According to Credit Suisse Research Institute’s (CSRI) Global Wealth Report 2017, total household wealth in the Philippines grew by 10.7 percent per annum since 2000 to reach $662 billion in 2017.

New Zealand rated 'compliant' in OECD tax transparency review

New Zealand is due to receive the first batch from relevant jurisdictions in September this year.

Fugitive Tycoon Guo Wengui, Seeking Asylum in United States, Denied Protection from Creditors’ New York Lawyers

The Appellate Division, First Department reversed, noting Mr. Guo’s “heavy burden” of establishing that New York is an inconvenient forum.

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