Independent advisers move up as Asia private banks retreat
The high minimum amount to open a private bank account is creating opportunities for small boutique wealth managers, according to Simon Parfitt, director at Hong Kong-based Pyrmont Wealth Management.
Investors find Chinese companies ‘difficult’
A staggering 98% of global investors said they have difficulties engaging with onshore Chinese companies and do not agree with the recent A-share inclusion on the MSCI, according to a survey by the Asian Corporate Governance Association (ACGA).
Vanguard to shut Singapore office
Investment company Vanguard has decided to consolidate its Singapore operational and client activities in Hong Kong.
BMO, Jupiter and Schroders rolling out Hong Kong funds
BMO Global is launching an actively-managed fund in Hong Kong that invests in passive products, while Jupiter and Schroders have received regulatory approval to launch their own offerings.
Bank of Singapore to open Luxembourg wealth manager
The private banking arm of OCBC Bank has received regulatory approval to launch a wealth management subsidiary in Luxembourg.