Hong Kong
HSBC GAM moves to boost fund distribution in Asia
HSBC Global Asset Management has moved to boost its fund distribution and sales drive across Asia with the announcement of two new appointments.
Alternatives | 30 Jul 15
ESMA recommends six non-EU nations for AIFMD passport
The European Securities and Markets Authority (ESMA) has recommended that six countries should be among the first wave of non-EU countries to get access to a Europe-wide passport under the Alternative Investment Fund Managers Directive (AIFMD).
Nomura Int’l fined after breaching Hong Kong regulations
Nomura International in Hong Kong has been fined after it failed to disclose that a trader had caused a $3.3m trading loss by making false entries in its risk management systems.
Quantum China cool on Mutual Fund Recognition
Foreign firms planning on a Hong Kong-domiciled product for the Mutual Recognition of Funds initiative will likely find limited appeal in China, said Anthony Yeung, managing partner and chief executive of Quantum China Asset Management.
FPI: Hong Kong expats overlook critical illness cover
Expatriates in Hong Kong are often making inaccurate assessments about their insurance policies, with many overlooking the importance of having critical illness cover to protect themselves and their families, an FPI report has revealed.