China debt-to-GDP balloons, the US economy falters, the euro soars, oil remains around $30? Byron Wien has released his 31st annual list of ten surprise predictions for 2016.
Category: News
BNPP IP links with Orion Partners in Asia
The asset management arm of BNP Paribas and Asia-focused alternative investment firm Orion Partners have announced a strategic partnership.
RM fined by Hong Kong’s SFC
A former relationship manager at ABN Amro Bank failed to follow proper account opening procedures, according to the regulator.
Barclays chopping more jobs in Asia
Asia is expected to bear the brunt of the cuts under chief executive Jes Staley’s three-year cost reduction plan, which involves eliminating 19,000 jobs.
Julius Baer takes stake in Shanghai wealth manager
The Swiss firm will purchase a $17.5m stake in Jupai, a US-listed Chinese wealth manager.
HK leads globally in fintech adoption
Hong Kong has the highest rate of financial technology use of all markets surveyed, according to an EY survey report.
MRF approval for two more China funds
Invesco-Great Wall and GF International have had China onshore funds approved by the SFC for sale in Hong Kong.
WhatsApp message leads to penalty for HK trader
A licensed dealer’s message “let’s talk here, email monitored” resulted in a three-month suspension by Hong Kong’s Securities and Futures Commission.
Happy Holidays from Last Word Media Asia
Merry Christmas and Happy New Year from the team at Last Word Media Asia.
Value Partners links with Aston for US launch
Value Partners Hong Kong plans to increase its presence in the US through the launch of the Aston/Value Partners Asia Dividend Fund.