Asia
HSBC PB sees squally markets ahead
Low bond yields and the irrelevance of the BRIC acronym are among the themes expected to shape investment in 2016, according to Benjamin Pedley, head of investment strategy in Asia at HSBC Private Bank.
Tax changes may boost Korea’s mutual fund industry
The Korean government intends to temporarily waive a 15.4% capital gains tax on overseas equities funds, according to a Cerulli report.
Is China’s ‘new economy’ a light in the dark?
Asset management firms that have bet on China’s consumer and services industry seem to be on the right track as the central government guides an economic transition.
Tan out, Barrows heads Hong Kong after FPI restructure
Charles Barrows has been named the new managing director of Friends Provident International Hong Kong with immediate effect, following a restructure which saw the departure of former Asia chief James Tan.
Lombard International targets Asia with new presence and CEO
Luxembourg and Philadelphia headquartered Lombard International is to open offices in Hong Kong and Singapore as a “significant” next step in its global expansion plans, under a new chief executive for the Asia region.