Hung Italian parliament is best for investors
The consensus forecast of no clear winner in this weekend’s Italian election coming true is the best short-term scenario for financial markets and the economy, according to industry experts.
SJP Asia reports strong growth as global inflows rise 40%
Funds under management rose 28% at St James’s Place Asia in 2017, with the company reporting regional gross inflows and growing adviser numbers.
Eastspring commits to responsible investing
Eastspring Investments has strengthened its commitment to environmental, social and governance (ESG) investing after signing up to the United Nations Principles for Responsible Investment (PRI).
Hong Kong budget targets major financial service growth
Hong Kong will make a major push to diversify its financial services and insurance industries through a HK$500m cash injection into bond market development, fintech, green finance and a training academy, the finance secretary outlined in the budget on Tuesday.
Chinese conglomerate buys $52m stake in Brazil wealth manager
Chinese insurance and investment group Fosun has added wealth management to its operations after announcing it is to acquire a Brazilian wealth manager for $52m (£37.3m, €42.3m).