Asia
Alternatives | 18 May 18
Online wealth management booming in China
Robo-advice and wealth management mobile apps are taking off in China, with a report from Boston Consulting Group showing online wealth management services have experienced 50% annual growth over the past five years.
Six Singapore advisers banned for mis-selling
Former Prudential, AIA and Citibank employees have been prohibited from providing financial advice services in Singapore, after they were found to have mis-sold investment products.
Embattled Aussie insurer AMP facing five lawsuits
AMP will have the dubious honour of becoming the first Australian firm to simultaneously face five class actions if three more law firms made good on plans to sue the embattled insurance company.
Advisory firm targets affluent Singaporeans with expansion
Crossbridge Capital has unveiled what it describes as a “significant expansion” of its digital wealth and management offerings for affluent investors in Singapore.
HK advisory firm targets private bank client base
Everbright Sun Hung Kai, a subsidiary of Hong Kong-listed Everbright Securities, has expanded its wealth management service to attract more high net worth clients in Hong Kong.