Cazenove Capital Management has opened an office in Hong Kong, its first in Asia, having received licence approval from the Securities and Futures Commission.
Category: News
ING completes sale of Thai investment business
ING has completed the sale of its Thai investment management business to UOB Asset Management, marking the company’s exit from another Asian country.
Singapore advisers alone in global confidence dip
Financial advisers in Singapore were the only group of advisers in a recent survey to report a fall in confidence in the global economy during the first quarter of 2013.
Momentum gets fund approval from HK SFC
Momentum Global Investment Management has received approval from the Securities and Futures Commission to sell its Luxembourg domiciled Ucits fund range to retail investors in Hong Kong.
SRC plans professional investor regime overhaul
Hong Kong’s Securities and Futures Commission (SFC) has begun a three-month consultation on proposals to overhaul the regulations governing its professional investor regime.
Aberdeen Young soft closure for Asia Pacific fund
Singapore-based Aberdeen veteran fund manager Hugh Young has warned that a sudden $5bn inflow to its Asia Pacific strategy could force its flagship $10.3bn Sicav fund to soft close to new business.
Number of advisers in Hong Kong hits record high
The number of licensed intermediary companies in Hong Kong reached a record high this year, according to figures from the local regulator’s annual review.
PWC Singapore to overtake Switzerland in two years
Switzerland is losing ground to Singapore as an international finance centre, with new wealth centres including Dubai, Miami and Hong Kong also upping the competition, a new survey says.
Asia Frontier Capital buys Leopard Capital
Thomas Hugger, who had been a fund manager and a managing partner of Leopard Capital, has acquired Leopard Capital Management, Leopard Capital (Hong Kong), and the Leopard Asia Frontier Fund.
HK council OKs significant trust law amendment
In what has been described as a bid to boost the competitiveness of Hong Kong’s asset management industry, Hong Kong’s Legislative Council has approved proposed amendments to the jurisdiction’s trust laws.
