Wealth managers in Hong Kong should be allowed to market products to clients in the Greater Bay Area, among suggestions from the Private Wealth Management Association (PWMA) and KPMG.
Tag: Hong Kong
Hedge fund manager enters HK retail market
Hong Kong-based Foundation Asset Management has received the regulatory green-light to roll out a fund in the local market.
UBS AM preps funds for MRF
This week the regulator approved three Hong Kong-domiciled products, which are aimed at eventual sale to mainland investors via the Mutual Recognition of Funds scheme.
Tencent JV plans bond fund in HK
The flagship Chinese tech firm is looking to enter Hong Kong’s mutual funds market.
SFC considers changes for MRF
Hong Kong’s Securities and Futures Commission (SFC) reveals discussions with the mainland regulator to relax the limit on overseas delegation.
Manulife, Cap Group to launch funds in HK
Markets are down this year, but asset managers continue to introduce funds for sale in Hong Kong.
Asian family-run businesses shine
Amid pan-regional success, the past decade has seen Chinese family-owned corporates record a 15% average out-performance versus non-family-owned peers domestically, says Credit Suisse.
Asia not as convinced with ESG-returns link
Nearly half of all investors globally recognise sustainable investing metrics as a driver of long-term financial returns, but Asia lags, according to a new survey by HSBC.
Report: ESG remains ‘peripheral’ to HK companies
Lack of short term returns are one reason why many Hong Kong-listed companies do not integrate ESG into strategic planning, according to a report by KPMG China.
In case you missed it (14 September 2018)
Schroders hires PM from HSBC Global AM; Franklin Templeton names new fixed income CIO; BNY Mellon creates chief economist role; Hong Kong’s private wealth AUM to double by 2023; Willis Towers Watson and MSCI co-develop ESG strategy; MAS introduces new corporate structure for funds; and more…
