News
Old Mutual ‘planning to exit’ China via joint venture sale
Old Mutual is reportedly pulling out of China after putting its stake in a joint venture with a local life insurer up for sale.
People Moves | news 7 Apr 17
PEOPLE MOVES: Vanguard, Generali, Wealth Club
Vanguard has a new managing director of its Japanese operations, while Generali Investments has made some changes to its board. One of Wealth Club’s co-founders has left the business after just a year.
Hong Kong signs data-sharing deal with South Africa and Portugal
Hong Kong has agreed to an automatic exchange of information with South Africa and Portugal amid mounting pressure from the OECD and the European Union.
Wealth management apprenticeship scheme launched in Hong Kong
An initiative designed to provide professional training and employment opportunities for young people interested in careers in private wealth management has been launched in Hong Kong.
Over half of active funds in the UK close within 10 years
Fewer than half of all UK equity funds manage to survive longer than 10 years, according to the latest research from ratings agency S&P.