Investors in Hong Kong have interest in sustainable investing, but among locally-listed companies a ‘box-ticking attitude’ toward ESG reporting remains prevalent, according to industry reports.
Tag: Ey
EY: Private banking shakeout to continue in 2018
Regulatory costs are expected to increase while clients increasingly prefer digital channels for financial advice, suggesting wealth managers rethink traditional business models, according to Elliot Shadforth, Hong Kong-based Asia-Pacific wealth and asset management leader at EY.
Research notes of the week – 10 July 2017
FSA presents a selection of research commentary released this week.
Fund managers not keen on Asean CIS
Difficulties in getting fund sales approvals and lack of demand from investors make Asia’s fund managers reluctant to join the Asean Collective Investment Scheme (CIS), according to Andrew Gordon, managing director for Asia at RBC Investor and Treasury Services.
Robo advice not for HNW, says Citi
Asia’s wealth and asset managers weighed in on tech developments that are expected to impact the industry during a panel discussion at Fund Forum Asia 2017 in Hong Kong.
Asia’s wealth business `rationalisation’ to continue
The BOS purchase of Barclays’ assets has completed, but it is only one of several wealth management acquisitions in Asia as the trend toward scale continues, according to Mark Wightman, EY’s Singapore-based partner for wealth and management advisory.