Latest News - Citywire Asia Staff
Hong Kong proposes changes to financial resources rules
The changes are part of Hong Kong's push to tighten its regulatory regime.
Asia push, hiring spree, boost Julius Baer’s AUM
The Swiss bank posted record half-year net profits, while assets under management grew 6%.
Dovish ECB to maintain stimulus
The European Central Bank will continue its monthly $70 billion bond purchases.
EM, equity bull run to continue: analysts
Asia ex-Japan equities are up 20% since the start of 2017, and the rally should resume in the second half, analysts say.
People moves: new Asia CEO at Prudential
CloudRidge CIO takes team to Neuberger Berman; Janus Henderon China head departs.
Hong Kong’s wealth management industry hits $666 billion
The fund management business grew by more than 5% in 2016, according to the Securities and Futures Commission.
Chinese buyers snap up $32 billion in US residential property
Foreign investment into American real estate rose nearly 50%, despite political uncertainty.
SGX to reintroduce lunch break to let traders meet clients
The exchange is tweaking its market structure after a public consultation.
Hedge funds out of favour as AUM in alternatives hits $4 trillion
Assets allocated to Illiquid credit strategies doubled in 2016, according to Willis Towers Watson.
EFG finalises $1 billion deal for scandal-hit BSI
BSI's Singapore branch was shut down by regulators investigating Malaysia's 1MDB scandal.