People Moves | 26 Feb 14
citibank appoints luk hk head of insurance
Citibank has appointed Virginia Luk as head of insurance for Hong Kong with immediate effect.
uk singapore agree to deepen financial cooperation
The UK and Singapore have agreed to deepen their financial and economic cooperation and also supported the setting up of a private sector forum to boost development of the offshore renminbi market
cerulli on koreas online fund supermarket
An online fund supermarket preparing for launch in Korea is unlikely to have much of an impact on the country's mutual fund distribution landscape in the short term, according to Cerulli Associates.
AIA new business grows in 2013
The value of new business at Asia’s largest insurer AIA Group grew by a quarter during the year to the end of November, despite a decline in net profit.
hk fund industry net sales slump in 2013
The Hong Kong fund industry witnessed a slump in net sales in 2013 over the previous year, according to Hong Kong Investment Funds Association, which attributed the decline to bond funds which saw net annual outflows for the first time since 2007.