Hong Kong
Asian asset manager launches first mutual fund
GaoTeng Global fund will invest at least 70% of portfolio in debt securities in Asia-Pacific region
Hong Kong to set new broker caps on the number of insurers
Aim is to limit the number of insurers that can be represented by a licenced agent or agency
Goldman Sachs AM to open seven Hong Kong funds
Firm enters HK retail market with fundamental, quantitative equities and fixed income offerings
Hong Kong and UK regulations clash
Some retail funds in Hong Kong do not meet UK requirements for local distribution under new agreement
Adviser fines under regulatory microscope in Hong Kong
Insurance Authority eyes maximum HK$10m penalty for licensed insurance intermediaries