Bangladesh life market forecast to grow by $1.5bn

Bangladesh life market forecast to grow by $1.5bn...

Bangladesh's life insurance market is likely to expand by $1.5bn (£1.2bn,€1.4bn) in the next three to four years, according to Chris Townsend, MetLife's Asia president.

Published : 25, Apr 2017
Hong Kong's wealthy missed out on the 'Trump bump'

Hong Kong's wealthy missed out on the 'Trump bump'...

Hong Kong's multi-millionaires failed to adjust their portfolios in time to benefit from strong equity markets after the 2016 US presidential election, a Citi survey revealed.

Published : 24, Apr 2017
Aviva takes full control of Vietnam life company joint venture

Aviva takes full control of Vietnam life company...

Aviva’s life insurance joint venture in Vietnam has become a wholly-owned subsidiary after the UK insurer acquired the entire 50% share capital of its former partner, VietinBank.

Published : 21, Apr 2017
Joint ventures give fund managers best chance of China success

Joint ventures give fund managers best chance...

The path to success in China for foreign fund management companies lies in joint ventures with local firms, even though wholly foreign-owned enterprises (WFOE) can now launch investment products on the mainland, says Xianzhou Jiang, vice chairman and chief executive of China Construction Bank (Asia).

Published : 20, Apr 2017
Expat cities among the most expensive for rent

Expat cities among the most expensive for rent...Lock icon

Hong Kong, Dubai and Singapore are some of the most expensive cities in the world when it comes to how much people have to earn to pay rent but they do not top the list, research from UK property selling start-up Nested has found.

Published : 19, Apr 2017
China’s top insurance regulator sacked for serious violations

China’s top insurance regulator sacked for serious...

The chairman of the China Insurance Regulatory Commission (CIRC) was removed from his post on Monday night for suspected “serious disciplinary violations”, a term covering abuses from graft to financial misconduct.

Published : 18, Apr 2017
Best and worst expat countries for high pay

Best and worst expat countries for high payLock icon

The best places to earn a decent annual wage without having to work around the clock are in western Europe. Eastern Europe fared badly but Mexico ranked bottom, a recent report by ExpatFinder found.

Old Mutual Int'l and AAM Advisory in court against IFS

Old Mutual Int'l and AAM Advisory in court against...Lock icon

Old Mutual International appeared as a defendant in Singapore’s supreme court alongside its local advice business AAM Advisory on Thursday.

Published : 13, Apr 2017
UBS AM launches cross border Hong Kong platform

UBS AM launches cross border Hong Kong platform...

UBS Asset Management has launched a Hong Kong mutual fund platform, setting sights on distribution into the onshore China market, said Markus Egloff, head of wholesale client coverage for Asia ex-Japan.

Published : 13, Apr 2017
Tighter rules loom for Chinese insurers amid corruption probe

Tighter rules loom for Chinese insurers amid corruption...

China’s insurance regulator is looking to tighten its grip on the industry as one of its top officials faces a corruption inquiry into a wave of blockbuster global deals that are raising concerns about financial risk in the world’s second-largest economy.

Published : 13, Apr 2017
Mirae Asset launches Asia Pacific multi-asset fund

Mirae Asset launches Asia Pacific multi-asset...

Mirae Asset Global Investments (HK) has launched a Luxembourg-domiciled Asia Pacific multi-asset income fund targeted to institutional investors and high-net-worth individuals.

Published : 12, Apr 2017
Coutts & Co fined HK$7m by Hong Kong Monetary Authority

Coutts & Co fined HK$7m by Hong Kong Monetary...

The Hong Kong branch of Coutts & Co has been fined by the Hong Kong Monetary Authority (HKMA) for failing in its anti-money laundering (AML) and counter terrorist financing (CTF) checks.

Published : 12, Apr 2017
Three Brits arrested in Philippines over boiler room scam

Three Brits arrested in Philippines over boiler...

Three British nationals allegedly involved in a investment scam have been arrested in the Philippines.

Published : 11, Apr 2017
Alibaba-backed robo-adviser Youyu launches in Hong Kong

Alibaba-backed robo-adviser Youyu launches in...

Hong Kong-listed Yunfeng Financial Group's has launched a direct-to-consumer robo-adviser Youyu.

Published : 10, Apr 2017
Old Mutual 'planning to exit' China via joint venture sale

Old Mutual 'planning to exit' China via joint...Lock icon

Old Mutual is reportedly pulling out of China after putting its stake in a joint venture with a local life insurer up for sale.

Published : 7, Apr 2017
Hong Kong signs data-sharing deal with South Africa and Portugal

Hong Kong signs data-sharing deal with South Africa...

Hong Kong has agreed to an automatic exchange of information with South Africa and Portugal amid mounting pressure from the OECD and the European Union.

Published : 7, Apr 2017
Wealth management apprenticeship scheme launched in Hong Kong

Wealth management apprenticeship scheme launched...

An initiative designed to provide professional training and employment opportunities for young people interested in careers in private wealth management has been launched in Hong Kong.

Published : 7, Apr 2017
Singapore investors report N America property scheme to police

Singapore investors report N America property...

Five Singaporeans, including two people in their 70s, who invested in a company offering attractive returns on real estate investments in the US and Canada, have reported the company to the police.

Published : 6, Apr 2017
China's Harvest Global launches its first Ucits fund

China's Harvest Global launches its first Ucits...

Harvest Global Investments (HGI), the international arm China’s Harvest Fund Management, has launched its first Ucits-compliant sub-fund, Harvest China Evolution Equity Fund.

Published : 5, Apr 2017
Tensions rise as Praemium face off approaches

Tensions rise as Praemium face off approachesLock icon

Ousted Praemium chief executive Michael Ohanessian’s "aggressive" relationship with the board and his unwillingness to “make necessary changes in his behaviour” are why shareholders should vote against his reinstatement, chairman Greg Camm has said.

Published : 5, Apr 2017

Sponsored Content

Qrops cull expected in shock second suspension of UK list
Qrops cull expected in...Lock icon

HM Revenue & Customs is to temporarily suspend its...

DeVere denies ‘unfounded claims’ it uses prohibited funds in SA
DeVere denies ‘unfounded...Lock icon

International advisory firm deVere has denied claims...

French presidential candidate wants a 100% tax on the rich
French presidential candidate...

Jean-Luc Melenchon, a far-left candidate backed by...

HMRC loses Sipp case over pension liberation charges
HMRC loses Sipp case...Lock icon

A UK court has ruled that Sipp scheme operator Sippchoice...

American states ‘thriving’ in Panama Papers fallout
American states ‘thriving’...

US states including Delaware and Nevada are bucking...

OTHER STORIES FROM LAST WORD...