Hong Kong
Hong Kong ruling risks ‘inconsistencies’ in advice requirements
Hong Kong advisers offering insurance products could face inconsistencies in their overall requirements when a new measure comes into force next year, Old Mutual International’s Mark Christal has warned.
QDII funds face shutdown in China market slide
China-based fund house Manulife Teda will decide on the liquidation of its Qualified Domestic Institutional Investor fund, highlighting the general underperformance of the QDII vehicle.
SFC intermediary licence applications jump by 15%
The number of applications for intermediary licences in Hong Kong has risen by just over 15% in a year, the Securities and Futures Commission has said.
People Moves | 17 Aug 15
Manulife AM appoints product development boss for Asia wealth
Manulife Asset Management has hired Fidelity’s Asia head of retail for its wealth and asset management arm to boost its distribution platform in Asia.
Hong Kong fund sales slide by 50%
The Hong Kong fund industry saw net sales drop by almost a half in the first six months of 2015, new figures reveal.