Hong Kong’s Securities and Futures Commission has publicly scolded and fined HSBC for regulatory breaches and internal control failings.
Author Archives: Drew Wilson
Drew Wilson is editor of Fund Selector Asia. Previously he was editor at a publication covering private equity.
Is 50/50 the right management fee split?
Asset managers and distributors in Asia used to split the annual management charge, but over the last couple years the distribution side has been getting more than half. What is a fair split?
China partnership a route to HNWI opportunity, says UBP
A partnership with an onshore bank is the preferred path for access to the mainland HNW base, according to Michael Blake, Union Bancaire Privee’s chief executive of Asia.
Report: SocGen to sell stake in China JV
Societe Generale is mulling the sale of its 49% stake in Fortune SG Fund Management, China’s 16th largest mutual fund house, according to industry reports.
HEAD-TO-HEAD: JP Morgan vs Invesco
FSA compares two liquid alts products, the JPM Global Macro Opportunities Fund and Invesco’s Global Targeted Returns.
Singapore’s Trilake adds mainland HNW clients
The wealth manager has added mainland-based clients who seek offshore assets to protect their wealth, according to Daniel Brunner, executive director and senior client relationship manager.
Top moves at UBS WM in Asia
After four years in Asia, Patrick Grossholz will relocate back to the bank’s Switzerland headquarters to serve in a global role.
Morningstar Asia fund reviews and re-ratings – August
Mainly due to management team issues, products from Aberdeen and Parvest get downgraded and a Fidelity fund is placed under review.
Noah shuffles senior execs
The Shanghai-based wealth management firm has appointed Ching Tao, the firm’s CFO, as chief executive officer of Noah’s first US subsidiary, which is located in Menlo Park, CA.
Singapore opens fintech hub while curbing internet
MAS opens a fintech innovation lab as authorities aim to cut off web access for public servants.
