Raffles Family Office expects to grow AUM to $10bn and double headcount to 100 in the next two years.

Raffles Family Office expects to grow AUM to $10bn and double headcount to 100 in the next two years.
In total, the firm manages 12 China-focused mutual funds.
Hong Kong-based robo advisory Magnum Research has partnered with a number of distributors and institutions in the region.
Misperceptions and a general lack of understanding of ESG products are the reasons for scant interest, according to a survey conducted by the Hong Kong Investment Funds Association (HKIFA).
State Street Corporation has named Ian Martin as the new head of Asia-Pacific, in addition to his current responsibilities as head of global services in the region.
The best performing Greater China fund in the Hong Kong universe had a -9% calendar year return.
The private bank division is on a hiring spree, with the ambitious goal of adding 700 more people in Asia over the next five years.
The bank expects additional hires this year to expand its coverage in Asia.
Most Hong Kong investors have not participated in the various cross-border schemes that connect the SAR to the mainland, according to a survey conducted by the Hong Kong Investment Funds Association (HKIFA).
Net sales of China-domiciled funds sold in Hong Kong via the Mutual Recognition of Funds (MRF) scheme turned positive in November, according to China’s State Administration of Foreign Exchange (SAFE).
Part of the Mark Allen Group.