Asia
Regulatory overhaul sees big lift in Hong Kong life market
Insurance stats from Hong Kong show a multi-billion dollar market switch prompted by commission and transparency rules introduced last year.
Billionaire slams scammers using his image
After his name and image were used to defraud members of the public, a billionaire entrepreneur and investor from Singapore has filed two police reports and issued a public warning.
Natixis makes Australia acquisition
Natixis Global Asset Management will acquire a majority stake in Australia’s Investors Mutual Limited (IML) to take advantage of the domestic retail market and A$2.3trn (£1.4trn, $1.8trn, €1.5trn) superannuation industry.
Offshore law firm opens Hong Kong office
Collas Crill has set up a representative office in Hong Kong to extend the offshore law firm’s reach in Asia.
Hong Kong fund house breaks into Switzerland
BEA Union Investment Management, a Hong Kong-based fund house, has received approval to sell its products in Switzerland.