Asia
China AMC to co-launch shariah China fund
This launch comes after Malaysian investors have poured money into China-focused equity funds
MassMutual Int’l sells Hong Kong-based life business
Yungfeng Financial Group and several Asia-based investors will collectively hold 100% of the company
Prudential to expand its Chinese presence
Chief executive Mike Wells wants to ‘grow into the footprint quickly’
Middle East should learn from Hong Kong’s evolution
Pressuring firms to appoint new leadership could also drive change
‘Complex product’ regulations could limit HK distribution
Some distributors in Hong Kong may avoid ‘complex products’ because of the added risk of being non-compliant