Firms will have to be competitive in terms of how they price their products, according to a Hang Seng IM’s CEO.
Category: Industry trends
BNP Paribas rolls out mobile advisory product
The French firm is the latest bank to upgrade its digital portfolio management service.
Survey: HK and Singapore investors seek professional help
Hong Kong investors prize honesty and face-to-face contact with their financial advisers above all else, according to a St James’s Place survey.
Asian HY attracts wealth managers
Income generation and positive relative valuations counter liquidity and default fears in the Asian high yield credit market.
Hang Seng’s wealth biz revenues down 40%
Customers were delaying long-term investment decisions due to the uncertain market environment, the bank said.
Fund churning persists in China
Funds launched during the first quarter had massive outflows in the second quarter.
DBS PB sees a rise in digital transactions
In a media briefing the Singapore-based firm emphasised the importance of its DBS iWealth app in its future growth.
Chinese investors snub bond, money market funds
Meanwhile, newly launched equity funds have continued to attract assets from investors.
Thai investors remain cautious
Of the different foreign investment funds sold in Thailand, global bond funds attracted the most money during the second quarter, according to a Morningstar report.
HK and UK-based boutique targets international clients
It has taken over Strabens Hall’s business in the SAR and works closely with the firm in the UK.
