Asia
asia pacific overtakes europe in the wealth stakes
The number of high net worth individuals in Asia-Pacific grew almost 10% to 3.3m in 2010, exceeding Europe for the first time ever.
solomon fined for black swan deal
Hong Kong regulator the Securities and Futures Commission has reprimanded Solomon Independent Financial Advisors and fined it HK$1.5m.
gs wealth surrenders licence in singapore
GS Wealth, a Singapore advisory firm specialising in expatriates, is surrendering its licence to operate in the city-state.
ifa channel growing in asia
Independent financial advisers represent a substantial and growing distribution channel in Asia, NMG Consulting research shows.
ifast hong kong disavows links to ifastcorporg website
iFAST Financial (HK) Ltd, an arm of the Singapore-based iFAST funds platform operator, said it and its platform services business were not related “in any way” to an entity with the website “www.ifastcorp.org.