Asia
Hong Kong HNW investors favour traditional assets in 2020
As private equity whisky fund begins capital raising in the Special Administrative Region
PEOPLE MOVES: Close Brothers, Deutsche Bank WM, Phoenix Group
Asset manager names CEO, while wealth firm hires south east Asia head
Australian wealth firms set to merge
Combined business will have total funds under management of around A$2.5bn
AIA gets green light to set up life subsidiary in China
Firm wants to expand its presence in the country with additional branches
RL360 launches Sipp with M&A-hungry pension firm
It will be open to both UK and non-UK residents