Hong Kong
First Lux UCITS approved Hong KongShanghai stock
The first Luxembourg UCITS has been authorised for use in the Hong Kong Shanghai stock connect program.
Local partnerships must for global AMs
Foreign asset managers aiming to establish an Asia footprint should develop partnerships with local managers to gain wider access to the retail investor base, according to a Cerulli study.
Sweet spot growth sees Asian profits boom
Prudential has seen its Asian profits grow by 18% so far this year following particularly strong performances in its sweet spot jurisdictions of Hong Kong and Singapore.
Shanghai Hong Kong connect
Only partway through its opening day, the Shanghai-Hong Kong Stock Connect had already seen Hong Kong-based investors hit their USD $2.1bn (£1.3bn) daily quota.
Asia retail investors shirk financial advice
The majority of retail investors in Asia are self-directed and do not rely on financial advisers when making investment decisions, says research by Cerulli Associates.