Hong Kong
Global head of HSBC GAM relocates to Hong Kong
The chief executive of HSBC Global Asset Management, Sridhar Chandrasekharan, has relocated to Hong Kong from the firm’s headquarters in St James, London, to tap the region’s stronger growth outlook.
SFC licence jump linked to rise in private bankers in HK
Advisers suspect the influx of applications for intermediary licences in Hong Kong is due to an increase in private bankers and asset managers in the region.
Industry to bounce back as HK settles to ILAS changes, says FPI
Demand for investment-linked assurance schemes in Hong Kong dived following January’s ban on indemnity commission, but FPI’s James Tan is confident the industry will move in a positive direction once all players are settled into the changes.
RBC GAM hires Asia boss
RBC Global Asset Management, the asset management arm of Royal Bank of Canada, has taken on Ken Tam as head of Asia.
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.