Hong Kong
China opens door further by clarifying ‘beneficial ownership’
The China Securities Regulatory Commission has said Northbound investors buying through the Stock Connect enjoy proprietary rights, clarifying a key outstanding issue for foreign investors.
SFC recovers $190m after collapse of hedge fund
The Hong Kong Securities and Futures Commission has helped hundreds of investors recover their money after a failed hedge fund allegedly defrauded them out of more than $190m (£120m, €170m).
Jupiter to expand ties in Asia
London-headquartered Jupiter Asset Management hopes to sign four distribution deals in the next 12 months as it looks to expand its retail business in Asia.
Generali Int’l launches Hong Kong-compliant savings product
Generali International has become the latest life company to launch a savings product fully compliant with the ban on indemnity commission introduced in Hong Kong at the beginning of the year.
Baring launches three Hong Kong-domiciled funds
Local demand for income investments, a simplified registration process and the ability to add an RMB share class were good enough reasons to launch the locally-domiciled products, Gerry Ng, CEO of Asia ex-Japan, told Fund Selector Asia.