Capital Group’s survey shows that 100% of Hong Kong high-net-worth investors currently have at least 10% of their portfolio held in cash.
Category: Hong Kong
BOS appoints new COO of Greater China, Hong Kong
The private banking arm of OCBC has tapped Credit Suisse for its new chief operating officer in the region.
UBS GWM finds strength in Asia
The wealth manager’s CIO favours AI beneficiaries and backs China and India.
HSBC: Wealth Management Connect expansion drives investment
Around two-thirds of respondents to HSBC’s survey said they plan to boost investment via WMC on the back of today’s enhancements.
Franklin Templeton creates new North Asia role
Spencer Seto is named head of North Asia, institutional business.
Asia investors flock to bonds
Although favouring fixed income Hong Kong investors also poured cash into equity funds, according to Calastone research.
China equities continue to flounder
Investors beat a constant retreat from beleaguered China stocks as they await reassurance from Beijing.
Hong Kong and China regulators enhance WMC scheme
The measures include increasing the scope of eligible products and increasing quotas.
RBC WM makes three senior appointments
The Canadian wealth manager has tapped Credit Suisse for the hires.
