Swiss-Hong Kong fund recognition scheme garners interest

Swiss-Hong Kong fund recognition scheme garners...

The planned Switzerland-Hong Kong mutual fund recognition scheme has already begun to attract interest from Asian fund managers interested in the lucrative Swiss market.

Published : 22, Feb 2017
Asian equities defy Trump

Asian equities defy Trump

Asian equities have given the US the finger. Despite Trump rejecting the TPP, the Asia stock market, as measured by the MSCI Asia ex Japan, was up 3.8% in sterling terms in January – a much better start to the year than all other major markets, bar Latin America.

Published : 22, Feb 2017
China to lift 50% foreign ownership cap on life insurers

China to lift 50% foreign ownership cap on life...

China is considering easing the 50% ownership cap on overseas life insurers buying domestic companies in the biggest shakeup of the industry in almost two decades.

Published : 22, Feb 2017
South Korean Dancing

South Korea's ING Life Insurance applies for IPO...

Seoul-based ING Life Insurance Korea, South Korea's fifth-largest life insurer, has applied for an initial public offering (IPO).

Published : 17, Feb 2017
Forecasts frustrated by too many unknowns

Forecasts frustrated by too many unknowns

Caution should prevail while economists struggle with forecasts in a climate of too many unknowns, according to François Duhen, chief economist and strategist at Swiss banking group Crédit Mutuel-CIC.

Published : 15, Feb 2017
China’s ‘barbaric’ insurers continue to invest in risky assets

China’s ‘barbaric’ insurers continue to invest...

Life insurers in China will continue to invest in risky assets, despite a recent clampdown by the country’s insurance regulator amid a string of high-profile suspensions over stock market speculation, according to a report by Moody’s Investors Service.

Published : 15, Feb 2017
Sales of life products in Singapore grow by 15%

Sales of life products in Singapore grow by 15%...

Singapore’s life insurance industry continued to grow in the fourth quarter of last year driven by rising sales in annual premium products, latest figures show.

Published : 14, Feb 2017
HSBC GAM launches Asian high income product

HSBC GAM launches Asian high income product

HSBC GAM has launched a new product called the Asia High Income Bond Fund, which is said to have a balanced approach between the firm’s existing Asian bond and high yield strategy.

Published : 14, Feb 2017
HK regulator continues crackdown with ex-HSBC adviser ban

HK regulator continues crackdown with ex-HSBC...

Hong Kong’s Securities and Futures Commission (SFC) has reprimanded, banned or taken action against 13 companies and individuals since the start of 2017, most recently banning a former HSBC adviser from re-entering the financial services sector for life.

Published : 14, Feb 2017
Guaranteed funds ordered to change their names in China

Guaranteed funds ordered to change their names...

The 151 guaranteed funds sold in China, will henceforth be called “risk-hedging strategy funds” to reflect their potential risks, according to the new guidelines released by the China Securities Regulatory Commission.

Published : 13, Feb 2017
ETF Securities targets Australia following Hong Kong exit

ETF Securities targets Australia following Hong...

UK-based ETF Securities has said it will focus on expanding its presence in Australia following the asset manager’s exit from Hong Kong earlier this year.

Published : 10, Feb 2017
Former Westpac banker jailed for property Ponzi scam

Former Westpac banker jailed for property Ponzi...

A former Westpac banker in Australia has been sent to jail for three years for encouraging elderly and vulnerable customers to borrow over A$2.5m (£1.5m, $1.9m) to invest in a Tasmanian property development, which turned out to be a Ponzi scheme.

Published : 9, Feb 2017
China's asset management industry tops $7.5trn

China's asset management industry tops $7.5trn...

Assets under management across mainland China rose by 36% to 51.8trn renmimbi ($7.53trn, £6.0trn) in 2016 according to data from the semi-official Asset Management Association of China (AMAC).

Published : 9, Feb 2017
Japanese funds to watch based on their AUM

Japanese funds to watch based on their AUM

Seeking returns from some of Japan's undervalued big companies, replicating indices, and using a benchmark-agnostic approach are some of the favoured strategies of Japanese funds with substantial assets under management.

Published : 8, Feb 2017
China gives the green light to first online-only life insurer

China gives the green light to first online-only...

Hetai Life Insurance has received approval from China’s insurance regulator to start operating as the country’s first-ever online life insurer.

Published : 8, Feb 2017
Newcomer Japanese funds to watch

Newcomer Japanese funds to watch

Investors in the Japanese stock market benefited from currency fluctuations in 2016 and the outlook for 2017 appears favourable, too.

Published : 7, Feb 2017
Japanese funds to watch based on their three-year performance

Japanese funds to watch based on their three-year...

Small-caps, a buying-and-holding approach, and unrestricted use of equities are some of the fund strategies to watch in Japan, according to Morningstar investment research analyst Lena Tsymbaluk.

Published : 7, Feb 2017
Lion Global launches `disruptive' tech fund

Lion Global launches `disruptive' tech fund

Singapore’s Lion Global Investors has launched a retail fund that invests in disruptive industries.

Published : 7, Feb 2017
 Vontobel launches joint venture with Bank of Singapore

Vontobel launches joint venture with Bank of Singapore...

High net worth clients with the Bank of Singapore can now open an account with Zurich-headquartered with Vontobel following a joint venture between the two private banks.

Published : 7, Feb 2017
Passive investments set to overtake actives by 2024, says Moody's

Passive investments set to overtake actives by...

Assets held in passive investments will represent more than 50% of the US market in four to seven years' time, with the growth rate in Asia expected to increase, according to a Moody's report.

Published : 6, Feb 2017

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