UBS appoints new China country head

Qian replaces David Li, who left the firm in September last year, a spokesman said. Qian has 20 years of experience in China/Hong Kong banking and worked as president and board director of Citi China. At Citi, he was responsible for corporate and investment banking strategy as well as the consumer banking businesses. He joined […]

UCITS funds are diminshing in Asia

“It is also pointless for UCITS managers to get excited about the imminent mutual recognition of funds (MRF) scheme between China and Hong Kong, as funds sold under this scheme have to be locally domiciled,” added Rachel Poh, senior analyst. The report is an about-face for Cerulli, which in the past said that the threat to […]

UBS Wealth to launch new service in Taiwan

UBS Advice is expected to be launched in July, aimed at high net worth individuals in Taiwan. The service is already available in Hong Kong and Singapore. The service builds a portfolio considering a client’s needs and risk profile. The investment advice is based on UBS Investment’s house views and the portfolio is maintained through […]

Wealth management to open in Hong Kong

AIAM is a Singapore-based organisation that consists of independent wealth managers who promote a better understanding of their business model. Although independent wealth managers are far fewer in Hong Kong than Singapore, they still need a unified voice, said Jessica Cutrera, managing director of the wealth management arm of EXS Capital, who is leading the […]

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