Hong Kong Archives - Page 34 of 46

J Safra Sarasin to acquire BMO’s PB units in Hong Kong and Singapore

The acquisition will include clients and relationship management teams.

In total, the firm manages seven SFC-authorised funds in Hong Kong.

In total, there are 34 funds for sale on the platform, including 25 HK dollar-denominated funds and nine US dollar-denominated funds.

This includes the bank’s asset and wealth management businesses.

The bank is targeting investors in Hong Kong with HK$8m.

But only a few have fully integrated ESG-related risks into their enterprise risk management systems.

Six managers have launched ETFs tracking the index consisting of Hong Kong-listed technology stocks.

The platform includes two ETFs managed by Mirae Asset and Haitong International.

A range of governmental and regulatory initiatives this year aim to develop Hong Kong as a family office hub.

He ‘failed to act with due skill, care and diligence and in the best interests of the clients’.