JP Morgan Asset Management (JPMAM) plans to take a 10% stake in CMB Wealth Management.

JP Morgan Asset Management (JPMAM) plans to take a 10% stake in CMB Wealth Management.
The Swiss-based asset manager is focusing on the potential of the wealth management connect scheme.
Index-linked equity funds are gaining popularity in Asia as enthusiasm for active funds wanes, according to a report by a global funds network.
The US passive fund specialist will concentrate on developing its investment advisory business.
The bank has rolled out a product with a luxury consumption theme to its wealthy Hong Kong and Malaysian clients.
FSA compares two emerging market equity products: the Capital Group New World Fund and the T Rowe Price Emerging Markets Equity Fund.
Although they still form a small part of the market, challenger banks are using digital payments as a gateway to wealth management growth, according to a KPMG report.
Hong Kong-domiciled ETFs tracking onshore and offshore Chine indices have suffered year-to-date outflows of $400m and $200m respectively, according to Morningstar.
The digital investment unit of Allianz group intends to partner with the Hong Kong-based fintech firm to develop a wealth management platform.
Interest in ESG investing in the region may increasingly be driven by its contribution to sustain overall levels of economic growth, according to a report by Deutsche Bank (DB) Chief Investment Office.
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