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Chinese tech company moves into WM

A Hong Kong subsidiary of TV manufacturer Tsinghua Tongfang has received licence approval from the SFC.

Aviva Investors is the latest fund manager to launch a fixed maturity product to meet investor demand for income and safety.

FSA starts the third year of its performance feature, which reports monthly returns versus a benchmark for three robo-advisors.

The trade dispute and slowing GDP growth are putting additional pressure on domestic corporates with loan payments due.

SFC’s recently introduced “complex product” regulations have extended retail investor due diligence requirements to professional investors.

The NYSE-listed Chinese wealth manager reports a sharp drop in Q2 revenue and profit as HNWI clients turn risk-averse.

Global Equity Fund co-managers Benjamin Segal and Elias Cohen will be replaced as the fund is re-oriented.

As a manager of investment portfolios for clients in Hong Kong, he was convicted of accepting illegal commission payments.

JP Morgan Asset Management (JPMAM) is set to become the first foreign company to hold a majority stake in a Chinese mutual fund business.

Alliance Bernstein’s ESG team finds multiple risks at a US-based media and entertainment company.