Singapore, HK to outpace Switzerland for offshore wealth
Singapore and Hong Kong remain the fastest-growing offshore centres and are set to outpace Switzerland when it comes to attracting wealth from abroad, a new report predicts.
New entrant Singapore Life receives licence to target HNWs
New insurer Singapore Life has become the first local insurer in nearly half a century to receive a licence from the Monetary Authority of Singapore (MAS) to operate as a direct life insurer.
Macro Views | 13 Jun 17
ANALYSIS: Prepare for the ‘new normal’ of rising UK inflation
Any hopes the Bank of England could soon hike interest rates have been dashed after news of the UK’s soaring inflation emerged on Tuesday, so should we settle in for the ‘new normal’ of an inflationary world?
Investment | 13 Jun 17
ETF assets surpass $4 trillion milestone
Record inflows in May powered total assets invested in exchange trade funds (ETFs) around the world across the $4trn mark. And Europe is picking up the pace.
PEOPLE MOVES: UK govt, Killik & Co, Australian Tax Office
UK prime minister Theresa May has reshuffled her cabinet as uncertainty mounts over how long the Conservative Party can hold on to power. The deputy Australian Tax Office commissioner has resigned after being being caught up in a fraud scandal, while Killik & Co has appointed a head of wealth planning.