Asia
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.
New S. Korea IFA model a ‘turning point in rebuilding trust’
Barings’ chief executive in South Korea, Thae Khwarg, has said that he ‘welcomes’ proposed changes announced by the country’s Financial Services Commission (FSC) which would allow IFAs to provide independent advice while adopting a new fee-based only regime similar to the UK.
Chinese retail boom defies slowdown fears, says Fidelity
Despite resources such as oil, gas and coal being “negatively hit by the slowdown in growth in China”, it’s not all doom and gloom as Chinese consumers “continue to buy more than ever”, according to a recent report published by Fidelity International.
Hong Kong to see strong growth in leveraged and inverse ETFs – Cerulli
Leveraged and inverse exchange traded funds, which are expected to be launched in Hong Kong later this year, are likely to boost trading in ETF products in the territory, according to research firm Cerulli Associates.