The BOS purchase of Barclays’ assets has completed, but it is only one of several wealth management acquisitions in Asia as the trend toward scale continues, according to Mark Wightman, EY’s Singapore-based partner for wealth and management advisory.
Category: News
Disclosure issue prompts exit of StanChart’s regional CEO
Ajay Kanwal has resigned from his role as regional CEO for Asean and South Asia at Standard Chartered, with immediate effect.
Maseco Wealth targets ‘gaping hole’ for US citizens in Asia
UK-based Maseco Wealth, the specialist wealth manager for US expat clients, is to target Asia with the launch of an independently owned business in Hong Kong.
`Masterminds’ of Singapore’s massive stock fraud charged
In the largest market manipulation case in Singapore’s history, regulators have charged John Soh and Quah Su-Ling for orchestrating a stock trading fraud on the Singapore exchange.
The FSA Spy market buzz – 25 November 2016
Fees in HK and Singapore; Change at Capital; UBS’s outlook; Anti-establishment worries at Columbia Threadneedle; Naughty banks; Blockchain in France; advertising from UOB and much more.
Jupiter highlights short ideas in US equities
Safe stocks are no longer safe while high-growth tech stocks are likely to suffer amid rising interest rates, said Ivan Kralj, investment analyst on the absolute return strategy team.
China environmental stocks to weather Trump storm?
François Perrin, a portfolio manager at East Capital, says China’s environmental companies have outperformed their global peers and are insulated from the direction US policy takes.
HK and Singapore in push for fee transparency
Following Singapore, Hong Kong’s Securities and Futures Commission has proposed that fund distributors cannot call themselves independent if they are receiving commission from distributing funds, and they need to state the fee amount at the point of sale.
Aberdeen trims China bond exposure
Macro risks on the horizon have prompted EM portfolio adjustments, said Kenneth Akintewe, senior investment manager for Asia fixed income.
M&G: EM shine remains despite US-led risks
Rate hikes and anti-global trade sentiment aside, emerging market equities remain cheap and fundamentals are stabilising, according to investment director Jeik Sohn.
