News
Singapore emerging as top fintech hub – Baker & McKenzie
The southeast Asian capital Singapore is busy building a infrastructure, but Hong Kong serving as a base for Chinese fintech companies, according to law firm Baker & McKenzie.
Best Practice | news 1 Jun 16
Wealth managers way behind digital trend, PwC says
Wealth management is one of the least tech-literate sectors of the financial services industry, and is falling well behind non-financial services industries, according to a new report from PwC.
BlackRock, Nomura, Avanda get new China RQFII quotas
Blackrock, Nomura AM and Avanda IM have all received new RQFII quotas for investing in China after the scheme was expanded by RMB21.2bn ($3.22bn, £2.24bn) in April, according to the latest data from State Administration of Foreign Exchange.
Look to US equities for income while markets calm – JPMAM
While market volatility has eased it’s better to collect dividends from US equities than put money in cash or fixed income, said David Kelly, JP Morgan Asset Management’s chief global strategist.
Investment | news 31 May 16
EEA investors offered ‘dismal’ price for run-off shares
Investors in the ill-fated EEA Life Settlements Fund have received a “dismal” strike price offer for their shares in so-called ‘death bonds’, according to campaign group EEA Investor’s Group (EEIG).