The Liechtenstein-based private banking arm of Swiss firm Valartis Group is being sold to Hong Kong luxury watch retailer, Citychamp Watch & Jewellery Group.
Author Archives: Mark Battersby
Mark Battersby is head of content research and development at Last Word. Mark joined Last Word in February 2012, having previously worked at Citywire, Interactive Investor International, and FT Business.
Old Mutual buys AAM Advisory, focuses on Singapore and HK only
Old Mutual Wealth has today signed an agreement to buy the Singapore-based expat-focused financial advisory firm AAM Advisory.
Baring to debut with three HK domiciled funds
Early next year, Baring Asset Management expects to launch three maiden Hong Kong-domiciled funds, a move that will prepare the firm for the eventual mutual fund passport recognition between Hong Kong and China.
Chinese officials probe Morgan Stanley
A Chinese inquiry team has visited the offices of Morgan Stanley Huaxin Securities in Shanghai to further an ongoing investigation into a former official who was held in August on suspicion of taking bribes, the Financial Times has reported.
Singapore not gaining from illicit flow
Singapore has put in place measures to prevent fund flows linked to anti-money laundering and tax avoidance from jurisdictions such as Switzerland, Monetary Authority of Singapore managing director Ravi Menon has said in an interview.
All about Evy Hambro – Fund Manager Profile
With confidence returning to commodities markets, BlackRocks Evy Hambros message is clear the sector is worth investing in again.
Yuming Pan – Made in Hong Kong
Allianz fund manager Yuming Pan takes advantage of his base in Hong Kong, a wealth management hub, to undertake the grassroots research and pick the winning stocks of the future.
Asia Pacific fuels record rise in HNWIs
The number of high net worth individuals across the world surged by 14.7% to 13.7m over the last year, according to a survey by Capgemini and RBC Wealth Management.
Julius Baer reports high Asia asset transfer
Julius Baer’s integration of the Merrill Lynch International Wealth Management business in Hong Kong and Singapore had a ‘very high asset transfer’ of over 80%, according to its four month interim statement today.
Talking fund distribution with Aberdeen AM
Aberdeen Asset Management’s recent acquisition of Scottish Widows Investment Partnership, and the company’s unwavering focus on market growth, are keeping Abdereen head of business development Nicholas Shaw busy.
