Asia
Japan: short-term concerns, long-term optimism
A stronger yen seems likely, leading to a bifurcated market
St James’s Place targets £500m cost cuts as FUM hits record £181.9bn
The aim is to achieve annual FUM growth in the ‘mid-to-high single’ digits over time
Brown Advisory names Yoon Bean Kim as head of North Asia (ex-Japan)
Having established a Singapore presence in 2019, Brown Advisory recently passed $3.5bn of assets managed out of the region
Asia markets ‘a mixed picture’ as greater China equities ‘moved sideways’
Japanese equities are breaking records, given expectations of better earnings results
Three dealt ‘heaviest jail sentence’ in landmark HK market manipulation case
The SFC was assisted in the case by a raft of other jurisdictions, including the UK’s FCA