Financial intermediaries in Hong Kong will be liable for client damages claims if it is found that they have sold or recommended a financial product that is not reasonably suitable.
Category: News

BMO names head of AM in Asia
BMO Financial Group has named Ravi Sriskandarajan as managing director and head of BMO Global Asset Management in Asia-Pacific.
Report: HK must expand distribution channels
The concentration of fund distribution channels in the banking sector could hamper Hong Kong’s ambition of becoming the world’s leading fund distribution centre, according to an official report.
Manulife appoints two more in Asia
Manulife Asset Management continues hiring in the region by bringing over professionals from BNY Mellon and HSBC AM to fill two positions.
Looking back at January 2015 predictions
In January 2015, 10 investment-related predictions were made by Byron Wein, vice chairman of Blackstone Advisory Partners. How did he do?
Eastspring poaches CEO from BOCHK
Eastspring Investments, the investment arm of Prudential, has named King Lun Au as its Hong Kong CEO.
The future is whatever you want it to be…
For 10 years until yesterday, we were Last Word Media. Today we are Last Word and will strive to be the last word and first source for you for the next decade and beyond.
Welcome to the new-look Fund Selector Asia
This December marks the 10-year birthday for Last Word, the global publisher behind Fund Selector Asia, and we have celebrated with a new bold design to better serve Last Word’s global communities.
Credit Suisse PB reveals three Asia appointments
New roles for senior private banking officials in Hong Kong, Australia and Singapore were announced.
TPP impact on Asia `without equivalent’
The Asia-linked trade agreement that goes far beyond anything NAFTA addressed is expected to drive growth particularly in Vietnam, Japan and Malaysia.