The city’s annual budget had little to offer to encourage people to put more aside for retirement. That’s a mistake, given its fast-ageing populace.
Singapore-based BetaSmartz, which combines automated and face-to-face financial advice, is busy onboarding fund manager clients.
However, they say Asian bond markets in general are likely to weather the rising trade tensions with the US better than many expect.
Goodbye monkey, hello rooster! AsianInvestor is taking a break for the Chinese New Year holiday. Normal service resumes on Wednesday, February 1.
The Hong Kong fund house has been reprimanded by the local regulator, which may harm its ability to compete on portfolio mandates, said the CIO of a large institutional investor.
Moves by BlackRock and EIP to close 14 Hong Kong-listed exchange-traded funds reflect rising competition and costs. Meanwhile, EIP's CEO feels listing and delisting takes too long.
The fund house’s head of insurance relationship has left and will not be replaced, amid a tough environment for the industry. Hong Kong head Au King Lun also moved on last month.
Fund firms, broker-dealers and investment advisers can help plug gaps in Hong Kong’s responsible officer regime, says Julia Leung of the Securities and Futures Commission.
Amid 18 months of poor performance, China-focused strategies have suffered heavy outflows and will likely continue to see low demand this year, says eVestment's head of research.
Another fund house has benefited from the closure of Syz Asset Management’s Hong Kong office with an appointment to its wholesale distribution team.
The US fund house has hired an executive from Syz Asset Management, which closed its Hong Kong office last month.
After nine years at Hong Kong’s Hospital Authority Provident Fund Scheme, the winner of AsianInvestor’s 2016 lifetime achievement award is seeking a new challenge.
Swiss private bank Syz has called time on its asset management business in the region, closing its Hong Kong office a decade after setting it up.
The Swiss fund house has named its first Asia head of intermediary sales, but has no plans to tap the retail market in Hong Kong or Singapore. AsianInvestor spoke to the firm's regional CEO.
The asset manager is awaiting its fourth wholly foreign-owned enterprise licence, which will allow it to run Chinese private funds for both local and offshore investors.
The Hong Kong watchdog's investment products head pointed to the imbalance of fund flows under the mutual recognition scheme. She also commented on the SFC's fee-disclosure proposals.
As the Mandatory Provident Fund Authority rolls out a new default fund for its members, one of the chief architects of pension reform in Hong Kong prepares to retire from the regulator.
We continue to reveal why AsianInvestor's Institutional Excellence Awards were handed out this year. Today: the winners in the market categories of Hong Kong and Japan.
Fund executives put the territory well ahead of mainland Chinese cities and Singapore in this regard, despite certain reservations, finds a survey by BBH due for release today.
The Swiss asset and wealth manager is shutting its Hong Kong operation, a move that came as no surprise to market observers. More industry closures and consolidation are expected.