Asia
Fresh Stock Connect rule signals boost in China-HK investment channel
A new rule which allows Chinese mutual funds to invest in Hong Kong-listed shares without a domestic institutional investor licence (QDII) is an “important signal” that regulators are eager to boost cross-border trading between the two regions.
RSA sells Singapore and Hong Kong branches
UK-based insurer, RSA Insurance Group, has finalised a deal to sell its Singapore and Hong Kong operations to a global provider for £130m ($193m, €179m).
Life companies to sell advice-free insurance in Singapore
A new rule which allows life companies to sell insurance without commissions and financial advice is about to come into force in Singapore.
Lion Global Investors launches RQFII fund trio
South-east Asian asset management company Lion Global Investors has today launched three Renminbi Qualified Foreign Institutional Investor (RQFII) funds to invest into Chinese stock markets.
RWC launches new Japan fund
RWC has launched the RWC Nissay Japan Focus Fund with ‘day one’ investment totalling approximately $40m.