A former relationship manager at the firm overcharged clients without informing them of the increased mark-up.
Category: Hong Kong
EFGAM to launch FMP in Hong Kong
Very high market volatility and falling interest rates are creating an attractive environment for fixed maturity products.
Hong Kong family office shifts focus to Singapore
Raffles Family Office expects to more than double AUM this year, even after putting mainland plans on hold.
GF International to launch income fund in Hong Kong
The Guangzhou-based asset manager is ready to provide its second fund for Hong Kong’s retail investors.
T Rowe to launch three funds in Hong Kong
The firm believes that the spread of the coronavirus has “nominal impact” on its decision to launch funds.
Hong Kong annual fund flows hit record high
For asset managers’ Hong Kong marketing teams, the year was all about bond funds.
OCBC to reinforce Hong Kong presence
Greater China accounts for the largest portion of its private banking assets.
What are the advantages of Hong Kong’s OFC regime?
Under the new structure, managers may find it easier to distribute their funds outside of Hong Kong.
Hong Kong has highest density of very rich
The wealth of individuals with net worth of between $5m and $30m grew by around 10% in the financial services-dominated economy last year, according to a Wealth-X survey.
Hong Kong investors jump into China ETFs
Hong Kong investors seem to be betting that the markets will recover this year from the US-China trade tensions and coronavirus impact.