Asia
High yield rebound may be short-lived
Recent high yield bond market gains may dwindle due to volatility and weak global growth, according to Nicolo Carpaneda, investment director, fixed income at M&G.
Allianz sells S. Korean life insurance and investment arms
Allianz has agreed to sell its South Korean life insurance unit and Allianz Global Investors Korea to China’s Anbang Insurance Group.
Zedra opens new Hong Kong office
Trust and fiduciary specialist Zedra has revealed plans to expand into the Asian market after announcing the opening of a new office in Hong Kong.
Bangkok-based MBMG co-founder Graham Macdonald to retire
MBMG Group co-founder and managing director, Graham Macdonald, has confirmed that he will retire from his post in Thailand at the end of May.
Returns on China’s WM products to shrink
A lack of quality investment targets will pose a challenge for Chinese wealth managers this year, a new report by Cerulli Associates said.