Straus joins the private bank from Citigroup Private Bank, where he was the head of family offices and institutions for Asia-Pacific and covered key client relationships across the region.

Straus joins the private bank from Citigroup Private Bank, where he was the head of family offices and institutions for Asia-Pacific and covered key client relationships across the region.
Li replaces Xing Hu who left the group in March “to explore new professional opportunities”, the firm said. She will be based in Hong Kong and will report to Thomas Gerhardt, head of emerging equities and commodities. Philippe Uzan, CIO of long-only management at Edmond de Rothschild Asset Management (France), cited “the gradual opening up […]
The Securities and Futures Commission has recovered HK$191m ($24.6m) of assets from the Cayman-domiciled Athena Fund, which was a product from asset manager Descartes Athena Fund SPC. “The SFC alleges the Athena Fund was an outright fraud,” said Mark Steward, the SFC’s executive director of enforcement. “Our action to have the assets frozen prevented them […]
Market turnover in Hong Kong broke a record this week as a multi-day rally continues. But according to Schroder Investment Management, the momentum is not based on fundamentals.
Hong Kong and mainland China have agreed to exempt Hong Kong-based investors from double taxation on capital gains derived from investments in Chinas stock markets.
The needs of the available client base in Asia are not being met, even as the region’s wealth management industry continues to grow, said Kevin Liem, chief investment officer of TTG Wealth Management.
Total hedge fund AUM in Hong Kong has surpassed its $90bn peak in 2008, driven by institutional investment, according to a Securities and Futures Commission report.
China’s mutual funds are now permitted to invest in Hong Kong shares using the Shanghai-Hong Kong Stock Connect programme, according to the China Securities Regulatory Commission.
Value Partners has launched a China A-share ETF, which will track the FTSE Value-Stocks China A-Share Index.
Retail investors in Greater China rank fund house websites as the top source of investment information, and digital tools are beginning to get traction among fund houses, according to a Cerulli Associates survey.
Part of the Mark Allen Group.