Asia
Asia-Pacific poised to be largest wealth market
The Asia-Pacific region is poised to become the largest wealth market as early as 2014, far outpacing other geographies, according to a survey by Capgemini and RBC Wealth Management.
Vietnam ucits overseen by female trio
One of SE Asia’s biggest asset managers has launched an actively-managed Ucits equity fund aimed at international investors wishing to gain exposure to Vietnam’s public equity markets.
hong kong managers in race to introduce
Hong Kong-based fund managers are “racing” to introduce Hong Kong-domiciled funds, ahead of plans for a “mutual recognition” programme that will enable them to be sold in mainland China, according to a report published today.
one in twenty singaporeans will be a millionaire
Nearly one in 30 Singaporeans is a dollar millionaire a figure which is expected to rise to nearly one in 20 in five year’s time as the financial service sector grows and newly wealthy families from elsewhere in Asia flock to the island city state, according to a new report.
old mutual beefs up asian op
Carol Wong has been named as Old Mutual Global Investors’ new head of distribution for Asia and is one of a trio of senior Hong Kong-based appointments aimed at expanding the asset manager’s and sister company Skandia International’s offshore businesses.