The growth in wealth management services in Greater China is driving strong demand for more professionals, but expertise is lacking, according to the Hong Kong Society of Financial Analysts.
Tag: Hong Kong
Hong Kong bans StanChart RM for life
Regulators found that a relationship manager at the bank made fund transactions without client’s consent in order to meet his sales targets.
Asia investment grade looks attractive
Aviva Investors is cautious on investment grade credit spreads in Asia in the short term, but has a more constructive view on the asset class in the medium term given attractive valuations.
Hong Kong to boost asset management skills
Hong Kong will allocate $12.9m in an effort to address an acute skills shortage in insurance, asset and wealth management services.
Absolute return strategies on selectors radar
Increasing market volatility is prompting fund selector interest in absolute return strategies, according to a survey report by Fund Selector Asia.
Hong Kong funds sales in 2014
Last year, Hong Kong’s fund industry had a 21% increase in net sales, led by inflows into European and Asian equity funds, according to the Hong Kong Investment Funds Association.
Hong Kong bans Ping An CEO
The Securities and Futures Commission found that He Zhi Hua, former CEO of Ping An of China Securities, failed to ensure the firm had adequate internal control procedures.
Global dividends set for a breather
Last year, global dividends soared to a record high of $1.17trn, but are likely to see flat growth in 2015, according to Henderson Global Investors.
European equities on managers radar
Portfolio managers are generally upbeat on European equity markets, while they have turned less sanguine over bonds, according to a survey by the Hong Kong Investment Funds Association.
Investec stock connect in Lux range
Investec Asset Management has become one of the first companies to utilise the Shanghai-Hong Kong Stock Connect programme within a Luxembourg domiciled UCITS fund range.
