Asia
Asia Pacific HNWI population grows 8.5% in 2014
The Asia-Pacific was the fastest growing region in 2014 for high-net-worth individuals, those with $1m investable assets.
Manulife seals pension distribution deal with StanChart
Standard Chartered and Manulife have embarked on a 15-year distribution partnership to exclusively offer Manulife’s Mandatory Provident Fund (MPF) product to Standard Chartered customers in Hong Kong.
Mauritius signs MoU with India stock exchange
Mauritius has entered into an agreement with India’s national stock exchange, as the island looks to sharpen its approach to surveillance in the financial services industry.
CIMB-Principal passports first ASEAN cross-border funds
Kuala Lumpur-based fund house, CIMB-Principal Asset Management, has passported the first funds under the ASEAN collective investment scheme (CIS) framework.
Bedell Trust takes majority stake in Singapore business
Jersey-headquartered Bedell Trust has acquired a majority stake in Singapore Trust Company (STC) as part of its expansion plans in Asia.