An increase in wealth management fees was offset by lower net interest margins and higher allowances for pandemic risks.
Category: News
BNY Mellon Wealth shuts Hong Kong office
It wants to focus on its ‘strong international footprint’ in the UK, EU, Middle East and Latin America.
Happy Chinese New Year from Last Word Media Asia
FSA wishes our readers all the best in the Year of the Ox.
Amundi launches ESG funds
The products target companies with ESG-related growth potential at an early stage, according to a statement by the firm.
SFC freezes accounts linked to suspected social media ramp-and-dump scam
Regulators in Hong Kong, Singapore and Malaysia have warned investors of risks related to trading incited in social media platforms.
Mutual Fund Top Trumps – emerging Europe equities
This week FSA presents a quick comparison of two emerging Europe equity products: the JPMorgan Emerging Europe Equity Fund and the Pictet – Emerging Europe Fund.
T Rowe Price launches China equity fund in HK
The fund is one of two products managed by the US firm recently authorised by the Securities and Futures Commission (SFC) for sale to retail investors.
FSA people moves (03 – 09 February 2021)
Blackrock names new APAC head; M&G creates key distribution role in Hong Kong; RBC WM hires from Bank of Singapore; HKMA extends banking talent programme; and more…
More funds added on SFC’s ESG product list
Products managed by Allianz GI, Fidelity and UBS AM have been recognised by the regulator to comply with ESG disclosure requirements.
Wealth Connect MoU signed
The Chinese, Hong Kong and Macau financial regulators have agreed supervisory, enforcement and liaison arrangements for the Wealth Management Connect Pilot Scheme in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA).
