02/24/2020
The debate about leaving Hong Kong—which began for many expats during the unrest last summer and fall—has taken on a greater urgency with the spread of the virus, which has claimed more than 1,800 lives globally
02/24/2020
Some 75 per cent of respondents point to talent gap as a challenge for Hong Kong’s wealth management industry, government council says
02/24/2020
While much of the world’s attention is rightly focused on the human toll of COVID-19 – including the 1,873 deaths reported as of 18 February – the economic toll of the outbreak also has potentially disastrous implications.
02/24/2020
The territory’s proximity to mainland China and its diverse product offerings continue to give Hong Kong an advantage over rival private wealth management centers, according to a recent report.
02/24/2020
Under the new structure, managers may find it easier to distribute their funds outside of Hong Kong.
02/21/2020
Midwinter and FinoComp were acquired during the period and are performing as expected with strong sales pipelines.
02/21/2020
The research reveals Japanese companies rank similarly to those from Europe in terms of social and environmental practices.
02/20/2020
It says AXA and Affin Bank have been exploring options for the joint ventures and are seeking around US$500 million for the general insurance firm, and about $150 million for the life insurer.
02/20/2020
APS has already made managerial changes to allow founder and chief investment officer Wong Kok Hoi to focus more time on investments specifically within China
02/20/2020
The sixth edition of the biennial Financial Secrecy Index sees Switzerland reduce its ranking to the third biggest enabler of financial secrecy in the world.
02/20/2020
The firm believes that companies in the healthcare and online sectors will remain resilient.
02/19/2020
The timing couldn’t be worse as the second-largest economy kicked off the year with a deadly coronavirus outbreak that has locally infected over 72,000 individuals and claimed the lives of 1,868.
02/19/2020
Lee presides over a team of 45 in Singapore and Hong Kong which covers the family office offering, wealth planning, insurance solutions and the in-house trust business for DBS’ private bank operations.
02/19/2020
The structural trends that are driving the region’s economic growth and markets remain intact, and will overcome current fears, according to Axa Investment Managers.
02/19/2020
Activity by Union Bancaire Privee’s clients in Asia was ‘very strong’ to end 2019 and continued with a similar intensity in January, Asia CEO says
02/18/2020
Asset management is area most likely to benefit from IT and digital investments
02/18/2020
All areas of the country, which likely differed in terms of number of reported cases, suffered a negative impact during the SARS outbreak. Some recovered quicker than others, but all bounced back swiftly after containment.
02/18/2020
Unsurprisingly, the segment also exhibits global tendencies and currently makes up about one-third of Standard Chartered’s international banking clients.
02/17/2020
On August 30 last year, Sitharaman had announced the biggest merger exercise of PSBs
02/17/2020
The country, which saw its economy grow by 6.1% in the first quarter of 2019, could now only register 4.6% growth.