Asia
sli announces wholesale expansion plans for asia
Standard Life Investments has appointed Allen Wang as head of Asia institutional business, as part of a wider growth strategy in the region which also sees other senior investment directors move east.
Hong Kong to create platform to allow cross border fund distributionund
Hong Kong’s Securities and Futures Commission has announced plans to create a mutual fund platform which will allow asset managers in HK to distribute funds into mainland China and Chinese managers to distribute into Hong Kong.
fair is fair say singapores advisers
Financial advisers and insurance industry executives in Singapore say a just-released raft of recommendations for improving the standards of Singapore’s financial advisory industry is “fair”, and properly takes into account the industry’s current level of development, as well as that of its market.
aviva acquisition of singapores pias
Aviva’s deal to acquire around 81% of the holding company which owns Singapore’s Professional Investment Advisory Services Pty (PIAS) is going ahead, following approval this week from the Singaporean regulator.
aviva finalises agreement to sell stake in
Aviva has reached an agreement to sell its 49% stake in Malaysian joint venture, CIMB Aviva Assurance and CIMB Aviva Takaful, to Canadian insurer Sun Life Assurance for £152m.