Asia
Cost of life policies in Taiwan expected to spiral by 20%
The cost of life insurance policies is expected to rise by as much as 20% next year as the Financial Supervisory Commission (FSC) tightens reserve requirements.
What China’s debt pile and ’80s England have in common
There are a number of parallels to be drawn between the current debt overhang in China and 1980s Britain, particularly in the northeast, says Matthews Asia chief investment officer, Robert Horrocks.
Asian equities rise but volatility to remain
Asian equities have rallied in the third quarter of the year with a strong performance from technology, but volatility is likely to remain
Hong Kong IFA firm buys stake in Nutmeg for £24m
Convoy, one of the largest IFA firms in Hong Kong, has paid £24m ($30.2m, €27.8m) for a stake in UK investment platform Nutmeg, in a move praised by UK chancellor Philip Hammond.
China to relax foreign ownership rules for life insurers
China is looking to relax foreign ownership restrictions for life insurance companies and fund managers as part of its commitment to open up Asia’s largest equities market to foreign investors.