Economic headwinds, technology shortfalls, regulatory burdens, and talent gaps plague the territory’s wealth management industry, according to a recent survey.
Wealth managers in Hong Kong should be allowed to market products to clients in the Greater Bay Area, among suggestions from the Private Wealth Management Association (PWMA) and KPMG.
Schroders hires PM from HSBC Global AM; Franklin Templeton names new fixed income CIO; BNY Mellon creates chief economist role; Hong Kong’s private wealth AUM to double by 2023; Willis Towers Watson and MSCI co-develop ESG strategy; MAS introduces new corporate structure for funds; and more…
FSA presents a selection of research commentary released this week.
Carsten will be responsible for the development and implementation of investment products, the firm said. He will be based in Singapore and report to Chris Reilly, managing director in Asia-Pacific. “We see great opportunities in this region, both for investors and asset managers, due to compelling economic and demographic growth figures. We are excited to […]