Business moves Archives - Page 17 of 56

Fidelity gets approval for China mutual fund business

Fidelity becomes the third global asset manager to get the nod to set up a mutual fund business in China.

Neuberger Berman follows in the footsteps of BlackRock in receiving the go-ahead for a wholly owned mutual fund business in China.

HSBC is the first bank in the region to offer discretionary portfolio management on a mobile app.

Fidelity International Strategic Ventures has also joined the digital platform as a shareholder.

ADDX has raised approximately $20m in its latest equity round.

The strategy is no longer open to new investors, and will shut early in the new year.

The new indices include two that track the performance of the top digital assets by market cap.

Henry Chui also recently joined to head up the Asia team.

The US bank officially unveiled the new centre in Hong Kong’s Kowloon district yesterday.

Raffles Family Office has acquired a stake in Singapore-based fintech firm Lightnet Group.