Asia
Australia readies new laws on financial adviser standards
The Australian Government closed its consultation period on Monday for new legislation designed to raise education, training and ethical standards for financial advisers.
Hong Kong advisers suffer regulatory headache
Announcements from two Hong Kong regulatory bodies could make the already challenging IFA market even more confusing and difficult to navigate in 2016.
Zurich exit from Singapore highlights industry change
The Zurich Insurance Group’s decision to pull out of the international life business in Singapore, where it had been a big part of the market for a long time, was the top story from Asia, among a series about industry restructurings which dominated coverage in 2015.
UBS grows Asia DPM business by 50% in 2015
After doubling year-on-year in 2014, the bank’s discretionary business in Asia grew 50% this year, said Patrick Grossholz, Asia-Pacific head of investment management for the Swiss-based bank.
Japanese equities: Headwinds in 2016
Even though doubts over Abenomics are increasing, equities may be in good shape next year.