Asia
Convoy chairman thwarts boardroom coup
The second largest shareholder in embattled Hong Kong financial advisory firm Convoy has lashed out at the company’s chairman, calling him “rude”, for taking away his voting rights in a meeting where he had attempted to remove several members of the management team.
Top 10 Asia stories of 2017
A new multi-wrapper platform, China’s asset management industry topping $7.5trn and a Hong Kong IFA firm having its office raided were some of the top stories for our audience in Asia in 2017. Click through the slides to see the others.
Capital adequacy to lift Asia insurance linked market in 2018
Insurance linked products in Asia look set to benefit from capital adequacy rules according to consultants.
Convoy goes after ex-directors for stealing HK$4bn
Troubled Hong Kong financial advice firm Convoy Global is suing 28 people for more than HK$4bn, including former chairman Quincy Wong Lee-Man and former director Roy Cho Kwai-chee who is believed to have fled the country.
Advisers at 5-year low among Aussie rich
Nervous Australian millionaires are increasingly turning their backs on financial advisers and hanging onto excess cash, according to a new study.