Hong Kong

Asia | 8 Dec 15

Financial intermediaries in Hong Kong will be liable for client damages claims if it is found that they have sold or recommended a financial product that is not reasonably suitable.

Asia | 8 Dec 15

Manulife Asset Management has extended its recent hiring spree in Asia by bringing over professionals from BNY Mellon and HSBC Global Asset Management to fill two positions.

Asia | 7 Dec 15

The lack of a significant IFA industry and the concentration of fund distribution channels in the banking sector could hamper Hong Kong’s ambition of becoming the world’s leading fund distribution centre, according to an official report.

Asia | 7 Dec 15

Eastspring Investments, the investment management arm of Prudential, has appointed King Lun Au chief executive of Eastspring Investments Hong Kong.

Companies | 1 Dec 15

Following regulatory approval from the Isle of Man and Hong Kong, RL360 Group has completed its acquisition of Clerical Medical International Insurance Company (CMI) for an undisclosed sum.