Asia
European Wealth revamps fund to attract clients in Far East
European Wealth has unveiled a new name and investment policy for its global opportunities fund in a push to attract new business in the Far East.
In most sectors, indices beat active funds over a decade
Do active funds on average beat the performance of a relevant index over the very long term? Our sister publication Fund Selector Asia found that one sector stands alone.
Vietnam rolling out welcome mat for int’l life companies
The Vietnamese Government is planning to make it easier for international life insurance companies to operate in the local market, deputy prime minister Dinh Hue Vuong has said.
MassMutual Asia sold to investor group for $1bn
A finance firm set up by Alibaba founder Jack Ma has led the acquisition of Hong Kong-based MassMutual Asia by a group of regionally based investors.
Aussie adviser banned and convicted of 97 counts of fraud
The Australian Securities and Investments Commission (Asic) has permanently banned a former adviser who was found guilty of 97 counts of fraud and 10 counts of stealing and sentenced to six and a half years’ imprisonment.