News
Financial advisers to be open to damages claims in Hong Kong
Financial intermediaries in Hong Kong will be liable for client damages claims if it is found that they have sold or recommended a financial product that is not reasonably suitable.
Manulife appoints Singapore CEO, strengthens Hong Kong
Manulife Asset Management has extended its recent hiring spree in Asia by bringing over professionals from BNY Mellon and HSBC Global Asset Management to fill two positions.
People Moves | news 7 Dec 15
Investment Association closes regulatory unit as SJP quits
The UK’s Investment Association has broken up its regulatory affairs unit and announced the departure of its head, Richard Metcalfe, as another member confirmed it also planned to leave.
Fund distribution channels and IFAs key for Hong Kong
The lack of a significant IFA industry and the concentration of fund distribution channels in the banking sector could hamper Hong Kong’s ambition of becoming the world’s leading fund distribution centre, according to an official report.
People Moves | news 7 Dec 15
Rathbones hires ex Ashcourt financial planning head
Rathbones has hired ex-Ashcourt Rowan Financial Planning head, Gaius Jones as head of financial planning.