Asian fund passport targeted for 2016 launch

Finance officials and regulators from the six Asia Pacific Economic Cooperation (APEC) members who are leading the development of the Asia Region Fund Passport have just concluded a week of meetings in Singapore to iron out the details of the proposal. The six countries are Australia, Korea, New Zealand, the Philippines, Singapore and Thailand. “We […]

Survey: HNWIs reliant on online advice know the least about finance

The gap between perceived versus actual financial knowledge has driven Asian high net worth individuals to increase their investment knowledge, according to the M&G Asia wealth barometer.  While wealth managers are the number one resource (55%) for sourcing investment ideas and information, digital media (48%) and friends and family (48%) also followed closely.  But investors […]

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