Nearly half of Hong Kong’s emerging affluent population makes use of savings as the preferred route to achieve financial goals, according to a survey by Standard Chartered Bank.
Tag: Hong Kong
Regs clash in the Hong Kong-UK MRF
A number of Hong Kong-domiciled funds do not meet requirements of the UK’s Financial Conduct Authority (FCA).
HSBC Global gets northbound MRF approval
Year-to-date, only six Hong Kong-domiciled funds have been approved for sale in the mainland, according to records from the China Securities Regulatory Commission (CSRC).
Global firms ready onshore China funds
Eastspring, JP Morgan and Morgan Stanley face a six-month deadline to roll out their debut onshore products.
Indosuez WM names structured products head
Pulling from ABN Amro, Indosuez has brought in Shirley Lau to drive the bank’s structured products.
HK ESG reporting is just box-ticking
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.
Hong Kong’s EIP launches fixed income fund
After delisting a smart beta ETF earlier this month, the firm has rolled out its first SFC-registered actively-managed fund, which is available to the retail investor base.
How to compete in a concentrated ETF market
With the market for exchange-traded funds (ETFs) seemingly skewed towards a handful of large, global issuers, do small players have a chance of creating a meaningful business in this space?
SFC fines up 200% this year
The fines have increased in 2018 as a result of the regulator’s focus on “more serious matters”, according to enforcement chief Thomas Atkinson.
Hong Kong, UK ink MRF agreement
The new link adds to Hong Kong’s existing funds-related agreements with China, Switzerland and France.
