Asia
SLI: No evidence to suggest GEM will outperform
There is not enough evidence to suggest emerging markets will outperform in the near term.
China’s GDP grows by 8.7% in 2009
China’s economy expanded 8.7% during 2009, exceeding the 8% full-year growth target set by its government
Prudential to discontinue insurance operation in Japan
UK insurance giant Prudential said it will discontinue writing new business in Japan, effective next month, citing the “local business environment in Japan and other factors over the past year”.
de Vere & Partners buys Programmes for Wealth International
De Vere and Partners, the international IFA firm, has bought web-based investment broker Programmes for Wealth International (PWi), its latest acquisition following the purchase of what was Financial
BarCap survey: In downturn, India, China seen remaining most attractive wealth markets
Growth in Asia’s wealth management industry is expected to soften significantly over the next two years, according to a Barclay’s Capital survey of Asian wealth managers, in which one fifth of practit