The Chinese financial group Haitong International Securities has poached a Julius Baer banker to lead the unit.
Category: News
Capital Company in three-way merger
The Hong Kong-based wealth manager has joined forces with US firms Leo Group and BFT Financial Group.
Affluent clients prefer alternative providers
Only 27% of wealthy in Apac prefer to use traditional banks to manage investments.
The FSA Spy market buzz – 13 August 2021
Fidelity hires; SonicShares’s boat; ESG and active; S&P 500’s winning run; M&G on China; HKEX and identities; AMC tickets vs shares; Bitcoin uses; and much more.
HSBC unveils new product for rich customers
The wealth management investment service uses Blackrock’s Aladdin technology.
Abrdn plays catch-up with wealth management app
Abrdn’s roll-out of a “24/7 digital wealth management” app brings it up to speed with the rest of the industry.
LPFs gain traction in Hong Kong
The launch of the Limited Partnership Fund (LPF) regime will cement Hong Kong’s position as an asset management hub, according to the Hong Kong LPF Association.
FSA People Moves (4 August – 10 August 2021)
Schroders’ Apac boss; EFG poaches; ChinaAMC’s ETF head; Nomura spends; Raffles FO in Beijing; JPMAM has new Oz chief.
Pictet AM receives QDLP licence
Pictet Asset Management’s wholly foreign-owned enterprise (WFOE) in Shanghai has registered as a Qualified Domestic Limited Partner (QDLP) Manager with the Asset Management Association of China (Amac).
HSBC launches ESG-themed structured note
HSBC has rolled out a new ESG product for its private banking clients in Asia.
