The wealth of the super-rich fell by 4.3% globally to $8.5trn last year, with the biggest declines in China and Asia-Pacific, according to a report by UBS and PwC.

The wealth of the super-rich fell by 4.3% globally to $8.5trn last year, with the biggest declines in China and Asia-Pacific, according to a report by UBS and PwC.
FSA compares two absolute return products: the Blackrock UK Absolute Alpha Fund and the SVS Church House Tenax Absolute Return Strategies Fund.
The Malaysia fund manager is offering a product to domestic investors that focuses on China and HK companies likely to benefit from the development of China’s Greater Bay Area.
Hong Kong customers of the bank investing at least HK$1m can set up a multi-currency savings and wealth management account using an app.
The Exchange Fund incorporates ESG and green finance principles into its investment process and expects the same from its external managers, according to HKMA’s deputy head.
Hong Kong’s rich need better planning to meet their financial goals, but they don’t trust the professionals, according to a recent study.
FSA compares two Asia-Pacific ex-Japan equity funds: the Investec Asian Equity Fund and the JP Morgan Asia Growth Fund.
They include a mixture of active and passive products covering a wide range of global equity markets.
Lemanik AM will provide management company services for six Japanese and Asia equities sub-funds of the Daiwa Global Fund.
Asia is in the vanguard of new technology trends, providing opportunities for investors, according to UBS Wealth Management.
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