The number of billionaires in Asia has overtaken North America for the first time, largely driven by China and Hong Kong, according to Wealth-X’s latest billionaire report.
Tag: Hong Kong
FE Advisory extends model portfolio strategy
FE Advisory Asia has rolled out model investment portfolios tailored for Axa in Hong Kong, extending the FE portfolio range to reach IFAs.
HK advisory targets private bank client base
Everbright Sun Hung Kai (EBSHK), a subsidiary of Hong Kong-listed Everbright Securities, has expanded its wealth management service to attract more high net worth clients in Hong Kong.
UBS Wealth hires Hang Seng staff for HK team
UBS Wealth Management has hired private banking staff from Hang Seng Private Bank to expand coverage of the Hong Kong high net worth segment.
Two firms launch China funds in HK
Hang Seng Investment Management and Investec Asset Management are the latest firms to launch China-focused products in Hong Kong.
Vanguard to unveil its first China ETF in HK
Despite a spate of China ETF delistings in Hong Kong, the firm is about to launch its first China-focused exchange traded fund in Hong Kong.
Another China ETF pulls out
E Fund Management has become the latest manager in Hong Kong to delist a China-focused ETF, according to a Hong Kong Exchange filing.
Survey: Greater China investors to increase ETF usage
In the next 12 months, a majority of investors in Hong Kong, mainland China and Taiwan plan to increase their ETF investments, according to a study conducted by Brown Brothers Harriman in partnership with the research firm New Narrative.
UBS Wealth strengthens Greater China team
UBS Wealth Management has bolstered its Greater China coverage with three new appointments that will cover Chinese ultra high net worth (UHNW) investors.
Mirae Asset and CSOP delist L&I ETFs in HK
Mirae Asset Global Investments and CSOP Asset Management are delisting leveraged and inverse ETF products, according to the firms’ filings with the Hong Kong Exchange.
