Global asset and wealth managers put Beijing and Hong Kong among the top cities expected to provide growth opportunities, according to a PwC survey.
Tag: China
Principal-CCB tie up remains as other JVs breakup
Rex Auyeung, who will retire as Principal Financial Group’s Asia chairman in June, believes a corporate culture match is key to his firm’s long joint venture with mainland powerhouse bank CCB.
CIC: Forecasts frustrated by too many unknowns
While economists struggle with forecasts in a climate of too many unknowns, the best advice is caution, according to François Duhen, chief economist and strategist at Swiss banking group Crédit Mutuel-CIC.
Is the MRF a one-way scheme?
After 1.5 years, China’s regulator still hasn’t explained the delay in approving northbound funds through the MRF scheme, raising questions about how mutual the scheme is, according to industry players.
UBS WM prefers unconstrained managers
Coming from the asset management side, Stefan Lecher, new head of client portfolio management for Asia-Pacific at UBS Wealth Management in Hong Kong, said unconstrained managers have the best chance to excel.
Mercer: Geopolitical moves to impact markets for years
The world is entering new political-economic territory and the policies that come out of the US present the single biggest risk to investors for years to come, according to Garry Hawker, director of strategic research for growth markets at Mercer in Singapore.
Chinese drive record high CFA exam candidates
Nearly 60,000 people took the CFA Level I exam last December, half of them from Asia-Pacific. But only 43% of exam-takers passed, according to the CFA Institute.
China can weather US protectionism
US rhetoric aside, there are good reasons to be optimistic about China’s growth in 2017, according to Ed Smith, asset allocation strategist at Rathbones.
Asia banks take dominant position in Dubai’s DIFC
Chinese, Japanese and Indian banks now occupy the top slots in the Dubai International Financial Centre (DIFC) in terms of total assets, the chairman of the centre’s regulator has told a forum in Hong Kong.
Survey: Chinese like fee-based WM model
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.
