Asia
Half of professional athletes fail to seek financial advice
Almost half of professional athletes have given no thought to planning their finances for when their sporting careers end, according to findings from Old Mutual Wealth’s Financial Adviser School (FAS) and MA Sports consulting (MA).
PEOPLE MOVES: Franklin Templeton, Axa, FCA
Franklin Templeton appoints a lead manager for emerging markets team, Axa IM launches a business development department and the Financial Conduct Authority appoints an executive director of international to oversee Brexit developments.
‘Accidental Americans’ putting Asia’s wealth transfer at risk
Accidental Americans face ruin if their estates are not properly structured, a lawyer has warned.
Value Partners launches onshore China fund
Hong Kong-based Value Partners has joined Fidelity, UBS Asset Management and Man Group with the launch of an onshore China fund, as momentum for foreign-managed products targeting China’s professional investors continues.
World’s 5 fastest growing wealth centres
Mauritius is being touted as one of the five biggest beneficiaries of global wealth growth.