Hong Kong
People Moves | 2 Aug 16
PEOPLE MOVES: OMI, Architas, Hong Kong SFC
Old Mutual International has named a managing director for its Isle of Man operations, while Architas has poached Seneca IM’s head of retail for a new role and added Axa Wealth’s head of investing to its roster. The Hong Kong and Australian regulators also announced senior appointments.
Mirae tackles regulatory bumps on road to global expansion
The patchwork of global financial regulations present a key challenge when an asset manager wants to expand, said Mirae Asset Global Investments (HK) president and chief executive Jung Ho Rhee.
Hong Kong insurer QBE to be Manulife’s exclusive supplier
Canada-based financial services group Manulife has agreed to make Hong Kong insurer QBE its exclusive supplier of general insurance products in the special administrative region.
Best Practice | 28 Jul 16
IFAs must recruit from a wider gene pool to grow business
Recruiting more diverse IFAs is key to tapping new markets and growing business, but attracting fresh blood into the industry remains a challenge, industry experts have said.
Hong Kong insurance companies defy 2015 asset dip
Insurance companies in Hong Kong reported a 3.5% increase in assets under management to HK$468bn (£45.6bn, $60.3bn) during 2015, compared with a decrease of 1.6% for the jurisdiction’s combined fund management business.