Layers of due diligence procedures now required by regulatory authorities are closing the gap between products available to private and retail clients, said Alfred Mak, head of investment products and advisory at the Bank of East Asia.
Category: News
RHB AM Convoy in pact
RHB Asset Management has entered into a strategic alliance with Convoy Asset Management to launch a fund in Hong Kong that will explore investment avenues in the ASEAN small and mid-cap companies.
Singapore China start direct currency trading
Singapore and China have begun direct trading of the Singapore dollar and the Chinese Yuan to promote the international use of the Chinese currency for trade and investment.
Stock Connect deadline missed
Hong Kong and China shares declined today after the Hong Kong Exchange said there was no firm date to implement the Stock Connect programme, which was widely expected to go live in October.
Rethink Emerging Markets
In a sponsored viewpoint, Capital Group investment specialist Andy Budden shares five key ways to capture investment opportunities in emerging markets.
Commission model bottlenecks ETFs
The commission-based distribution model common in Asia is a key reason why exchange traded funds have comparatively less popularity in the region, said Marco Montanari, head of Deutsche Bank’s passive asset management, Asia Pacific.
HK bans Chong Hing Securities former staff
A former employee of Chong Hing Securities has been jailed and banned for life from re-entering the industry for defrauding his clients and misappropriating client money.
RHB AM floats equity fund
Malaysia’s RHB Asset Management has launched an Asian equity fund that aims to invest in companies with entrepreneurial characteristics.
Chinese equity markets mini big bang
Just as October 1986 ushered in an era of deregulation for London’s financial markets, so 28 years later Chinese equity markets face their own mini Big Bang with the launch of the Shanghai-Hong Kong Connect.
BNY Mellon rollout discretionary business
BNY Mellon Wealth Management intends to launch “comprehensive discretionary investment and wealth management services to high net worth individual investors” after receiving approval from Hong Kong’s regulators, the bank said.
