FCA signs cooperation agreement with Hong Kong regulator
The UK Financial Conduct Authority (FCA) has signed an agreement with the regulatory authority in Hong Kong to strengthen cooperation and facilitate the exchange of information.
Generali disposes of insurance arms in two LatAm countries
Generali is selling its businesses in two Latin American countries as part of its plan to exit weaker markets to slash costs and boost profits.
Failed New Earth investors told to go after third parties
Investors in wound up New Earth funds have been left to pursue third party claims as a measure of last resort to try to recuperate all or part of their investment, the funds’ liquidators are suggesting.
Exclusive: Praemium back on track as CEO outlines strategy
Following his shock dismissal as Praemium chief executive, Michael Ohanessian launched a successful fightback that saw him not only win back his job but also oust the board that sacked him. Here he talks exclusively to International Adviser about what happened and his plans for the future.
Hong Kong’s private wealth assets grow by 9%
Hong Kong’s private wealth management assets reached HK$5.2trn (£513.2bn, $665bn, €578.9bn) in 2016, growing by 9% and increasing their share of the overall fund management business in the territory, according to a report by the Securities and Futures Commission.