Robo-advisories will likely take a long time to be accepted in China, according to the CFA Institute.
Tag: FinTech
In case you missed it – FSA News Update
A report from Legg Mason saying US GDP could hit a 20-year high; a European distribution platform launches in Singapore; more fintech cooperation in Asia; appointments at Natixis and notable items during China’s NPC meeting…
US robo advisor eyes Asia
Marketriders, a US robo advisor recently acquired by broker Sogotrade, has its sights on the China market, though strict capital controls are an obstacle, said Sogotrade CEO Jonathan Yao.
Survey: Blockchain likely adopted in five years
Japanese investment managers are most keen on the use of blockchain, with 84% saying they will likely adopt such technology in five years, a State Street survey shows.
HK rolls out internship programme in latest fintech push
The Hong Kong Monetary Authority and the Technology Research Institute have rolled out a programme that provides fintech internships for undergraduate and postgraduate students, as part of its latest move to become Asia’s leading fintech hub.
Hong Kong inks fintech pact with UK
The Hong Kong Monetary Authority (HKMA) has signed a cooperation agreement with the UK regulator to promote fintech innovation.
Fixed income robo-advisor eyes China market
Bondit, a fixed income-focused B2B robo-advisor, aims to capture the growing demand for China bonds over the medium term by partnering with mainland financial data provider Wind Info.
Hong Kong holds China fintech advantage
Hong Kong has better access to capital than Singapore and it will reap benefits from China’s fintech rollout, said Mathias Helleu, chairman and co-founder of Hong Kong-based 8 Securities.
Singapore and Hong Kong race for fintech edge
Regulators are moving at uncharacteristic speed, signing cross-border fintech agreements, creating `sandboxes’ and talking up the advantages of their home markets as fintech innovation hubs.
Farringdon to launch Shariah-compliant robo-adviser in Asia
The Malaysian-based wealth management firm, Farringdon Group, said it plans to launch Asia’s fist Shariah-compliant robo-adviser in December.