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Asia

PEOPLE MOVES: Globaleye, Carrick, Fidelity

Africa | 23 Jan 18

PEOPLE MOVES: Globaleye, Carrick, Fidelity

Globaleye’s head of business development resigns, Carrick appoints a strategic projects director to its board and Fidelity hires an ex-Pioneer man in the newly created role of global head of product.

Praemium funds hit A$7.8bn despite tough market

Asia | 23 Jan 18

Australian bank to pay millions in advice compensation

The Commonwealth Bank of Australia (CBA) has been rapped for more advice failings and is expected to pay nearly A$2m (£1.15m, $1.6m, €1.3m) in compensation to clients of five former advisers.

Miton Optimal to offer DFM services in Singapore

Asia | 23 Jan 18

SJP Singapore poaches chief exec from Nexus

St James’s Place Wealth Management Asia has recruited Nexus Financial Services’ chief executive Gary Harvey to head up its Singapore business.

Advisers shunned as clients seek life insurance online

Asia | 23 Jan 18

Advisers shunned as clients seek life insurance online

Australians are increasingly turning to online research and rejecting advisers when buying life insurance, a survey has found.

Cryptocurrency exchange puts $250k bounty on hackers

Alternatives | 22 Jan 18

India to tax Bitcoin gains

Tens of thousands of cryptocurrency investors in India have been sent tax bills, after a nationwide survey showed more than $3.5bn (£2.5bn, $2.8bn) worth of transactions in the alternative asset were made over a 17-month period.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.