Hong Kong’s Securities and Futures Commission has suspended the licence of a former ICBC International Securities representative for failures in his work on a 2009 IPO.
Tag: Hong Kong
Bank Pictet appoints independent board director
The Pictet Group has appointed Koh Boon Hwee as an independent board director of Bank Pictet & Cie (Asia), the Group’s private banking entity in Singapore.
PineBridge appoints Asia head of marketing
PineBridge Investments has hired Eastspring Investments Jacinta Reddan as managing director, head of marketing and communications for Asia.
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First Lux UCITS approved Hong KongShanghai stock
Regulators have approved the first Luxembourg UCITS to invest in China’s A-shares through the Hong Kong-Shanghai stock connect program.
Local partnerships must for global AMs
Foreign asset managers aiming to establish an Asia footprint should develop partnerships with local managers to gain wider access to the retail investor base, according to a Cerulli study.
OMGI expands Asian Equities team
Old Mutual Global Investors has expanded its Asian equities team, hiring Diamond Lee of Ignis Asset Management as portfolio manager.
Investor education critical in Asia
High product churn and the ability to meet investor demand for higher income from financial products are among the challenges in Asia, said Alexander Henderson, managing director for Asia, in part two of an interview with Fund Selector Asia.
HK Sing investors keen on income investing
A majority of investors in both Singapore and Hong Kong hold income-generating products and a sizeable number intend to invest in them in 2015, a trend attributed in part to demographic change, according to a BlackRock study.
New index series to be launched on Stock Connect
China Exchanges Services Company will launch a new index series on the Shanghai-Hong Kong Stock Connect on 15 December.
Hunt for yield in 2015
The search for yield and income should remain the key focus for investors in 2015 as the divergent monetary policies of the US, Europe and Japan, unprecedented since the global financial crisis, could lead to a rise in market volatility, according to JP Morgan Asset Management.