Asia
SJP funds under management hit record
St James’s Place (SJP) Wealth Management has more than £90bn (€102bn, $127bn) of group funds under management, making 2017 a record year for the restricted advice company.
Hansard shows Q2 growth despite Middle East decline
Hansard Global is still recovering from losing a major distribution partner in the Middle East, as it reports low-level growth in new business premiums for the second half of 2017.
Chinese CFA candidate numbers surge
The number of Chinese candidates taking the Chartered Financial Analyst (CFA) Level I exam jumped by 38% in December to nearly 20,000, outstripping the US and India combined, the CFA Institute said.
How 75% of advice clients are let down by big Australian firms
An Australian report has found 10% of clients were left “significantly worse off” after advisers at vertically integrated firms inappropriately sold them their own products.
MetLife joins insurers offloading Hong Kong businesses
US-headquartered MetLife is following in the footsteps of its international rivals by looking to sell its Hong Kong insurance unit, according to media reports.