Asia
LGT unveils wealth operation in India
It has a presence in 14 cities across the country
Axa IM ponders China wealth management expansion
It could join a growing list of foreign firms seeking to develop operations in the country
40% of HNWs globally do not have formal inheritance plan
Inadequate strategies ‘can be costly and could lead to unresolved family conflict’
St James’s Place assets perk up
But FuM still a long way from the £154bn it had on the books at the start of the year
Asset manager obtains Singapore licence
In a bid to provide wealth inheritance solutions for HNW individuals