Asia
UBS Chinese subsidiary gets distribution licence
Making it the second wholly foreign-owned enterprise to obtain such permissions
Strong demand in Hong Kong for structured products
Equity-linked vehicles and collective investment schemes were the two biggest sellers in 2020
Which low-tax jurisdiction will HNWs flock to next?
As countries compete to attract wealthy individuals across the world
Cigna sells APAC insurance operations for $5.75bn
Deal also includes the company’s interest in a Turkish joint venture
Japan funds top performance rankings
But Latin America investments suffered biggest losses in September