HSBC’s wealth business in Asia attracted $9.3bn of inflows in the first half of this year.

HSBC’s wealth business in Asia attracted $9.3bn of inflows in the first half of this year.
The launch of the Limited Partnership Fund (LPF) regime will cement Hong Kong’s position as an asset management hub, according to the Hong Kong LPF Association.
Hong Kong investors favour Asian equities, a Schroders Global Investor Study finds.
Pictet Asset Management’s wholly foreign-owned enterprise (WFOE) in Shanghai has registered as a Qualified Domestic Limited Partner (QDLP) Manager with the Asset Management Association of China (Amac).
The US asset manager is the second firm allowed to access the country’s retail investor market.
Raffles Family Office (FO) has opened an office in Beijing and boosted its presence in Hong Kong and Singapore.
The market cap of offshore tech sector has plunged 30% since regulatory scrutiny was stepped up.
The fund will invest in high yield US and European bonds.
Equities are the most popular choice among investors aged between 18 and 35 in Singapore, a Franklin Templeton survey found.
The regulatory assault on China’s $100bn private education industry could lead to consolidation in the sector, according to BNP Paribas Asset Management.
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