Asia
HK advisers to start mandatory client analysis from 2016
Hong Kong advisory firms selling insurance products will be unable to opt-out of a new guideline which requires advisers to conduct an analysis of customers’ financial needs, the Hong Kong Monetary Authority has said.
VAM appoints Asian development manager
VAM Funds has appointed a regional business development manager for Asia to support its push in the region.
MAS fines Aviva for breaching Financial Advisers Act
Aviva has been fined by the Monetary Authority of Singapore for breaching the Financial Advisers Act.
Thailand opens to higher yielding products
Thailand’s Securities and Exchange Commission said that it intends to permit the launch of offshore hedge funds and junk bond funds later this year.
HSBC GAM moves to boost fund distribution in Asia
HSBC Global Asset Management has moved to boost its fund distribution and sales drive across Asia with the announcement of two new appointments.