Asia
Are China’s ETFs taking off?
Thanks to robust net inflows, China’s ETF market is now second in Asia behind Japan, data from Morningstar shows.
PEOPLE MOVES: Ardan chief executive departs
Ardan International’s chief executive announces his departure, Holborn’s Hong Kong chief executive moves to the US, while a senior adviser re-joins Barclays Wealth Management.
Praemium’s funds under administration rocket past A$8bn
Australian platform Praemium announced that gross inflows of A$760m over the last quarter have driven funds under administration to A$8.3bn (€5.2bn, £4.6bn, $6.1bn).
Antiquated Australian tax residency rules face overhaul
Australia’s individual tax residency rules have not changed in 90 years and desperately need modernisation and simplification, the country’s Board of Taxation has found.
Three ways Singapore advisers need to build trust
Singapore’s regulator has called on advisers to build trust by empowering clients, raising conduct standards and enhancing oversight.