Asia
Hong Kong ETF hub risks being left behind, says council
Hong Kong’s advisory body for developing financial services said action must be taken to stop the city from being overtaken by other jurisdictions as a centre for exchange-traded funds.
Expat LM action group secures support from British embassy
A group of expats who invested in failed LM Investment Management funds have secured support from the British Embassy in Thailand.
Zurich expands general insurance offering in Hong Kong
Swiss-based insurer Zurich has moved to strengthen its business in Hong Kong with an agreement to buy Kono Insurance, an authorized general business insurer.
Interest turns to China’s new economy plays
As China’s economy slows, fund houses are betting on growth opportunities in the emerging consumption and services economy.
Ex-Convey insurance broker behind bars for commission scam
Two Hong Kong-based insurance brokers face jail sentences for conning Zurich International Life of ILAS commissions totalling HK $600,000.