Hong Kong
Sun Life Financial to buy FWD Hong Kong’s pension business
The Hong Kong arm of Canada’s Sun Life Financial is to acquire the pension business of FWD Group and enter into an exclusive 15-year distribution agreement that will allow Sun Life HK to distribute its pension products through FWD’s agency force in Hong Kong.
ETF robo adviser to launch in Hong Kong
Hong Kong-licensed online broker 8 Securities plans to launch a second generation ETF robo-adviser in the current quarter with lower fees to attract cost-sensitive investors.
People Moves | 2 Aug 16
PEOPLE MOVES: OMI, Architas, Hong Kong SFC
Old Mutual International has named a managing director for its Isle of Man operations, while Architas has poached Seneca IM’s head of retail for a new role and added Axa Wealth’s head of investing to its roster. The Hong Kong and Australian regulators also announced senior appointments.
Mirae tackles regulatory bumps on road to global expansion
The patchwork of global financial regulations present a key challenge when an asset manager wants to expand, said Mirae Asset Global Investments (HK) president and chief executive Jung Ho Rhee.
Hong Kong insurer QBE to be Manulife’s exclusive supplier
Canada-based financial services group Manulife has agreed to make Hong Kong insurer QBE its exclusive supplier of general insurance products in the special administrative region.