Canadian wealth firm enters China’s private funds market
Montreal-headquartered company already directly holds a 13.9% stake in China Asset Management
Chinese investors are in need of financial advice
‘They are frequent traders, not long-term shareholders’
UBP granted Chinese licence
Mainland asset management unit of the private bank is expanding its footprint in the country
Hong Kong regulator approves Goldman Sachs AM funds
As its eyes the retail investor market in the special administrative region
Hong Kong regulator issues HK$6.4m fine to asset manager
Over its control failures in solicitation and recommendation of bonds