The firm made its first hire in Hong Kong and relocated its head of global private client practice to Singapore from San Francisco.
Category: Business moves
Allianz X leads WeLab’s latest funding round
The digital investment unit of Allianz group intends to partner with the Hong Kong-based fintech firm to develop a wealth management platform.
AIA IM to bring Ucits funds to Singapore’s retail market
The firm rolled out its Luxembourg funds platform in 2019, but the strategies have only been available to professional investors.
Hang Seng Index revamped
The number of constituents in Hong Kong’s benchmark will be increased to better represent mainland China technology stocks.
T Rowe Price opens Shanghai office
The US asset manager will focus on expanding its mainland China research coverage.
Lion Global curates multi-asset portfolio for Saxo platform
The portfolio includes funds managed by Aberdeen Standard Investments, Blackrock, Fidelity, Goldman Sachs Asset Management, Pimco and Schroders.
SJP to scale down Asian adviser recruitment
As it targets £200bn ($278bn) funds under management by 2025.
HSBC expands Asia wealth management
The UK bank plans to accelerate the growth of its wealth and personal banking business in Asia as it sells off its US retail operations.
Schroders and BOCOM to form wealth management JV in China
Schroders also has plans of establishing a stand-alone public mutual fund company in the mainland.
