Asia
Lombard International granted Singapore licence
Lombard International, the global wealth structuring solutions provider, has been granted a Financial Adviser’s licence by the Monetary Authority of Singapore (Mas).
Bank of Singapore buys Barclays wealth unit for 30% less
Bank of Singapore (BoS), a subsidiary of one of Singapore’s largest banks, has completed the acquisition of the wealth and investment management business of Barclays in Singapore and Hong Kong.
Maseco Wealth targets ‘gaping hole’ for US citizens in Asia
UK-based Maseco Wealth, the specialist wealth manager for US expat clients, is to target Asia with the launch of an independently owned business in Hong Kong.
Hong Kong regulator pushes for fee transparency
Fund distributors in Hong Kong will have to disclose any monetary benefits they receive prior to, or at the point, of sale, under new proposals from the Securities and Futures Commission (SFC).
Fiscal policy could drive Asian equities in 2017 – BlackRock’s Swan
A transition from monetary to fiscal policy, progress on reforms in the region and low valuations make Asian equities attractive in 2017, said Andrew Swan, head of Asian equities at Blackrock in Hong Kong.