FSA takes a look at the mutual funds shut down in the SAR in 2016, led by Lyxor, according to data from Morningstar.
Tag: Hong Kong
Hong Kong launches 10-year sukuk
The product is the first 10-year sukuk launched by an AAA-rated government, according to the HKMA.
Survey: HK advisers see fee-based model trend
About 75% of Hong Kong’s financial advisers acknowledge a trend toward fee-based wealth management, according to a Vanguard survey report.
Bond fund assets in HK up 5% in 2016
Bond fund assets in Hong Kong increased while equity fund assets declined, according to the Securities and Futures Commission’s latest report.
Survey: Beijing, HK top choices for industry CEOs
Global asset and wealth managers put Beijing and Hong Kong among the top cities expected to provide growth opportunities, according to a PwC survey.
Hong Kong PBs slow hiring during shakeout
Consolidation in Asia’s private banking industry has slowed hiring of professionals in Hong Kong, according to Sunny Kwak, Hong Kong-based consultant for private banking at recruitment firm Morgan McKinley.
SFC bans jailed ex-HSBC wealth manager for life
The Securities and Futures Commission has banned Li Lee from re-entering the industry for life for making false claims to her former employer, HSBC.
Is the MRF a one-way scheme?
After 1.5 years, China’s regulator still hasn’t explained the delay in approving northbound funds through the MRF scheme, raising questions about how mutual the scheme is, according to industry players.
ETF Securities’ HK asset management licence removed
UK-based ETF Securities’ licence for asset management in Hong Kong was removed in January, according to the SFC. But the firm reported a strong year for its commodity funds globally.
HK ETF market: $580m net inflows in 2016
An overview of ETF activity in Hong Kong in 2016 shows SSGA’s Asia bond fund had the highest inflows while iShares China had the largest outflows.
