Under fire from rival financial centres, Hong Kong’s authorities outlined plans to foster its financial industry in the latest fiscal budget report.
Tag: Hong Kong
SJP launches discretionary WM service in Asia
St James’s Place Wealth Management has launched discretionary managed accounts in Hong Kong, its first such offering in Asia.
Capital Group’s regional build out continues
After a spate of Hong Kong fund offerings the last year, US-based Capital Group continues in 2018 with the launch of a fixed income product.
Blackrock delists China A-shares ETF
Blackrock is delisting one of its China A-share-focused ETFs from the Hong Kong Exchange because the firm believes the purpose of the underlying index “no longer exists”.
Thai feeder fund among Asia’s best-sellers
Two mutual funds in Thailand and one in Hong Kong were among the 10 best-selling newly-launched products in Asia-Pacific in 2017, according to a Broadridge Financial report.
HK firm inks smart beta pact with Wisdomtree
Hong Kong-based exchange traded funds (ETF) provider Premia Partners has joined forces with US-based Wisdomtree Investments to develop smart-beta products for the Asian ETF market.
Value Partners: Delayed ETF Connect causes delistings
A delay in launching the ETF Connect may have prompted the recent delisting of some exchange-traded funds (ETFs) from the Hong Kong stock exchange, said David Quah, co-managing director of quantitative investment solutions at Value Partners.
Bullish DBS says Asia optimism only beginning
The Hang Seng index set an historical record high this year, and investment strategists at DBS Private Bank expect it to run further due to increasing use of cross-border programmes by Chinese investors.
HK and Switzerland ink wealth management pacts
Various industry bodies of Hong Kong and Switzerland have signed MoUs in the Swiss capital to strengthen development of the private wealth management industries in both jurisdictions.
New Zealand firm in HK gets asset management licence
New Zealand brokerage firm Blackwell Global has received approval from Hong Kong’s Securities and Futures Commission to operate as an asset management firm in the SAR, according to a statement from the firm.
