Global asset and wealth managers put Beijing and Hong Kong among the top cities expected to provide growth opportunities, according to a PwC survey.
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Global asset and wealth managers put Beijing and Hong Kong among the top cities expected to provide growth opportunities, according to a PwC survey.
The number of insolvencies in Singapore is expected to accelerate by 15% to 222 this year from 193 in 2016 – the highest in Asia-Pacific, according to a study by Euler Hermes.
A “global cyberwar” was cited by economists as one of several global market risks, underscoring cybersecurity as an investment opportunity, according to Deutsche Wealth Management.
Hong Kong investors opt for a commission-based model, while more mainland peers prefer a fee-based one, according to a Hong Kong Investment Funds Association survey.
A majority of asset managers believe that Hong Kong will be the leading Asian cross-border fund domicile by 2025, far ahead of its rival Singapore, according to a survey conducted by Brown Brothers Harriman.
Singapore and Hong Kong are among the countries that have the highest percentage of women fund managers internationally, according to a Morningstar study.
Chinese investors are taking a more risk-on stance, preferring higher-risk products, according to a research report by Boston-based Cerulli Associates.
Half of global investors already have some allocation to China onshore bonds, and another 33% are considering doing so in the coming 12 months, according to results from an Asia Securities Industry & Financial Markets Association (ASIFMA) survey.
Out of the 500 largest asset managers, 34 are from China and they have had a collective CAGR of 18% the last five years, according to a Willis Towers Watson report.
Led by China, Asia created one billionaire nearly every three days and accounted for over half of new billionaires in 2015 despite global billionaire wealth declining last year by $300bn to $5.1trn, according to a joint UBS Group and PwC report.
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