Hedge funds sales bounce back; PwC thinks the industry is shrinking; the ESG battle goes nuclear; paying interest or earning it; selling Google; Elon’s modest goal and much more.
Tag: PwC
Asia Pacific set to outpace other regions in ESG AUM growth
PwC study shows only Latin America is set to experience a faster growth rate in ESG AUM.
Chinese family businesses stress sustainability
Research from PwC highlights the growing importance to Mainland Chinese families of ensuring ESG factors are at the core of business activities – with a four-step plan to help achieve this goal.
China holds half of APAC billionaire wealth: report
Overall billionaire wealth in Asia-Pacific was driven by “innovators and disruptors”, according to a report by UBS and PwC.
Asia billionaire wealth drops sharply
The wealth of the super-rich fell by 4.3% globally to $8.5trn last year, with the biggest declines in China and Asia-Pacific, according to a report by UBS and PwC.
China’s pensions sector to benefit foreign AMs
Mainland pension fund developments and Shanghai’s role as the third regional asset management hub should drive a doubling of AUM in the region by 2025, says PWC.
The plus and minus of China’s new foreign ownership rules
China recently announced it would ease foreign ownership limits for fund management firms, but huge challenges await foreign players that want to enter China’s retail investor market, industry sources said.
Survey: Compliance most painful for Hong Kong PBs
Regulatory compliance and talent management are among the major challenges for private banks and wealth management firms in Hong Kong, according to a survey report from the Private Wealth Management Association (PWMA) and PwC.
Things to watch for in asset management M&A
Asset management firms don’t typically include cultural fit as part of their due diligence process when entering into an M&A deal, according to industry sources.
Survey: Beijing, HK top choices for industry CEOs
Global asset and wealth managers put Beijing and Hong Kong among the top cities expected to provide growth opportunities, according to a PwC survey.
