Asia
Hermes to drive growth with Asia and US focus
Hermes will focus on increasing its business in Asia and the US in order to further a 243% increase in third party assets over the last five years, according to its global head of business development.
MSCI says China needs more work before A-shares on-boarded
MSCI has put off a decision to include China A‐shares in its global benchmark emerging markets index until issues related to market accessibility are resolved.
UK investor visa applicants from China soar
The number of Chinese nationals applying for UK investor visas tripled in the same year the Home Office introduced new rules that doubled the minimum threshold to £2m.
Wealth management organisation to open Hong Kong branch
The Hong Kong chapter of the Association of Independent Asset Managers (AIAM) is expected to launch in the coming months, aiming to give independent wealth management firms a unified voice.
Asian fund passport targeted for 2016 launch
Six major countries in the Asia Pacific region expect to launch a funds passport in 2016 which will make it easier for financial services professionals to market investment products, such as mutual funds, to retail customers in each other’s economies.