Asia
old mutual eyes asia expansion
Old Mutual Wealth is expanding its operations in Asia with three senior appointments for both its offshore business, Skandia International and its asset management operations, Old Mutual Global Investors.
allianz moves into marina bay
Allianz Asia has become another anchor client for Singapore’s new financial district, Marina Bay, which will house 11 Allianz entities and 500 employees under 80,000 square feet of office space when the insurance firm moves into Tower 2 this November.
prudential to go ahead with planned
Prudential is to go ahead with a plan to "domesticate" the last remaining Asian branch of its UK-based insurance business, the company said yesterday.
Alternatives | 17 Sep 13
hong kongs sfc signs aifmd supervision agreement
The Securities and Futures Commission in Hong Kong has signed a memorandum of understanding with European authorities on the supervision of alternative investment fund managers.
hk consumer body finds array of fees
A new report by Hong Kong’s Consumer Council has found that those considering investing in investment-linked assurance schemes(ILAS) are faced with “a plethora of fees and charges” as well as “substantial” variations in the levels of these charges.