News
Hang Seng to take majority stake in Chinese asset manager
Chinese regulators have approved Hang Seng Bank’s application to take a majority stake in a new asset manager, making the newly-formed company the first onshore fund house with a majority stake held by a non-mainland entity.
Commodities | news 20 Jun 16
Water fund aims to flow with world demand
Water is not only essential for life, but also for the expansion of industries and economies, according to Simon Gottelier, senior investment manager at Pictet Asset Management.
Zurich sells general insurance operations in Taiwan
Zurich Insurance Group has sold its general insurance operations in Taiwan as part of its efforts to reshape its global organisation and stem a decline in profitability.
Bupa expands offshore with new product launch
Bupa Global, the international arm of Britain’s most well-known private medical insurer, has launched a range of new health insurance products in Jersey, Guernsey and Gibraltar.
Best Practice | news 17 Jun 16
Bank of England embraces fintech
The Bank of England (BoE) is to work in partnership with fintech firms to harness innovations for central banking, offering companies the opportunity to demonstrate their solutions for real issues facing policymakers.