The fall in AUM occurred despite net fund inflows of HK$88bn in Hong Kong last year.
Category: Hong Kong
HKMA, SFC issue joint circular on sophisticated professional investors
According to the joint circular, intermediaries may apply a streamlined approach when dealing with SPIs.
BlackRock hires duo to build out greater China, Singapore offering
Mandy Lui is due to join the investment manager in mid-August in Hong Kong, while Dennis Quah joins today in Singapore.
Schroders makes internal promotions to strengthen Apac coverage
Schroders has made several moves across its Asia Pacific team in a bid to strengthen its client-facing capabilities.
UBP boosts north Asia team with new head of equity advisory
Based in Hong Kong, Linda Lam will report to Andy Lee, head of investment services in north Asia.
Broadridge International names president
Mike Sleightholme will oversee the provision of customer support and technology and data solutions across Apac and EMEA.
BEA Union Investment adds impact to Asia bond fund
The company has renamed the fund for Hong Kong retail investors.
UBS confirms Apac leadership
The move will see a mix of executives from UBS and Credit Suisse at the helm.
DL Holdings to acquire 55% stake in family office
DL Holdings Group has signed a memorandum of understanding (MoU) regarding to the potential acquisition of the remaining stake in its affiliated company DL Family Office (HK).
Investors Trust opens office in Kuala Lumpur
International life insurer Investors Trust has opened an Asia sales hub in Kuala Lumpur, Malaysia.
