10/17/2019
Both China and Bahrain offer a substantial pool of tech talent, startup capital and digitally minded consumers, so the scope for further building this relationship is substantial,” said Areije Al Shakar, fund director at Al Waha Fund of Funds.
10/17/2019
The firm will focus on building a sustainable family office and external asset management business and will provide a range of quality products and services tailored to high net worth individuals in the region, the statement said.
10/17/2019
Other changes include allowing foreign lenders to establish wholly-owned banks in China, and removing the need for prior approval for conducting businesses in the local currency, known as the renminbi or yuan.
10/17/2019
PRIDE is an acronym for elements scored under the index: Policy, Representation, Inspiration, Development, and Engagement/Empowerment.
10/16/2019
The regulator, however, did not specify whether this meant managers could submit an application for mutual fund licences starting in April or earlier, or whether the first such licence could be handed out as soon as April.
10/16/2019
Greensill's $US49.4 million ($73 million) after-tax profit reported in financials lodged with the corporate regulator late Friday followed a $US20.8 million net profit in 2017, and came off revenue of $US273 million, which nearly doubled from 2017&am
10/16/2019
Investors in Hong Kong are putting capital into money market funds, although total AUM of the products remains relatively low, according to Fitch Ratings.