Markets Archives - Page 70 of 187

Financial services group buys Hong Kong wealth manager

Acquirer’s goal ‘is to make a positive impact on society’.

WeLab Bank becomes the first virtual bank in Asia to launch a digital wealth advisory service

Domestic fund managers in China that tend to avoid voting against management are beginning to ‘move the needle’.

The Asset Management Association of China (AMAC) has given the nod for Wellington Management’s subsidiary to raise sums from local investors.

Authorities in both jurisdictions announce that the latest trading agreement is set to start in six months’ time.

Deal involves an initial cash consideration of A$740,000.

The asset manager has partnered with Sun Life Malaysia to further promote ESG investing in the country.

Despite recognising importance of ESG, investors are reluctant to invest sustainably, according to Amundi report.

Investors in both Hong Kong and mainland China can trade eligible funds starting on July 4.

The investment manager names a new chief risk officer and a new chief financial officer.