Goldman Sachs Asset Management (GSAM) has gained preliminary approval to form a wealth management joint venture with Industrial and Commercial Bank of China (ICBC).
Category: Markets
Shariah investing grows in Southeast Asia
The retail sector offers product innovation and partnership opportunities.
JPMAM turns cautious on Asia stocks
The asset manager sees several headwinds facing Asian equity markets.
Crypto retail trading ban in Hong Kong
Hong Kong’s financial regulator has proposed restrictions on cryptocurrency exchanges in the territory.
Chinese family businesses stress sustainability
Research from PwC highlights the growing importance to Mainland Chinese families of ensuring ESG factors are at the core of business activities – with a four-step plan to help achieve this goal.
Deutsche Bank opens ESG centre in Singapore
The unit will focus on product development and advisory services across the business.
Home-grown Chinese brands offer long-term equity plays
National pride and China’s dual circulation policy bode well for the auto sector, as well as for consumer brands such as sportswear, cosmetics, skincare and infant milk formula, says Credit Suisse.
Citi plans Hong Kong wealth growth
The US private banks intends build its AUM $460bn within five years.
Philippines joins Asean cross-border investment scheme
The Southeast Asian country is the newest signatory to the Association of Southeast Asian Nations (Asean) Collective Investment Schemes (CIS) framework.
Speculation over Spacs requires cautious stance
Longer term investors need to be patient as the market for Special Purpose Acquisition Companies (Spacs) undergoes much-needed maturity, believes Amundi Asset Management.
