Top 10 Asia stories of 2017
By Tom Carnegie, 28 Dec 17
A new multi-wrapper platform, China’s asset management industry topping $7.5trn and a Hong Kong IFA firm having its office raided were some of the top stories for our audience in Asia in 2017. Click through the slides to see the others.
International financial adviser The Fry Group joined forces with the UK platform Nucleus and fintech firm Independent Strategic Group (ISG), in October, to create a global multi-currency and wrapper platform in key expat markets around the world.
The new strategic alliance is aimed at giving The Fry Group clients an enhanced investment proposition that is consistent across its client base in all jurisdictions where it operates, using Jersey-headquartered ISG for the investment management.
In the UK, the investment platform will be available to clients through Purple Strategic Capital, which is the research and digital management arm of ISG.
In Singapore, the strategic alliance will take the form of a joint venture, Purple Asset Management (PAM). Regulated by the Monetary Authority of Singapore (Mas), PAM will offer investment services to clients across south-east Asia from its Singapore offices.
Read the full story here.
