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Asia, LatAm and Middle East star as RL360 new business rises

By: Gary Robinson | 26 Apr 2018

RL360 has announced a 5% growth in new business in 2017, with Asia, Latin America and the Middle East helping to drive growth for the company. The Isle…

Credit Suisse Asia pretax profits surge 59%

By: Christopher Copper-Ind | 26 Apr 2018

Asian High Net Worth clients helped Credit Suisse Asia’s pretax profits to soar by 59% to $239.1m in the first quarter of this year. The Asian unit’s…

Vistra expands services business with acquisition of US market leader Radius

By: Christopher Copper-Ind | 26 Apr 2018

Vistra Group, the Hong Kong-based corporate services, trust, fiduciary, private office and fund administration services provider, today announced it has entered an agreement to acquire Radius, a…

Survey reveals crisis of trust in Hong Kong financial advisers

By: Christopher Copper-Ind | 26 Apr 2018

A global survey by the CFA Institute, a global association of finance professionals, has revealed that only 35% of Hong Kong investors completely trust the financial services…

Insurance Australia Group to sell its Asia businesses in ‘retreat’: report

By: Helen Burggraf | 23 Apr 2018

Insurance Australia Group, the Sydney-based, Australian Securities Exchange-listed multi-national insurer, is preparing to sell its four Southeast Asian businesses, following a review of its operation, according to…

China offers financial sector exams in English for first time

By: Christopher Copper-Ind | 20 Apr 2018

The Asset Management Association of China has announced that, starting in May, senior staff at private securities funds will sit their qualifying exams in English rather than…

Swiss-Asia launches cryptocurrency hedge fund in Singapore

By: Christopher Copper-Ind | 20 Apr 2018

Swiss-Asia Financial Services has announced the launch of its first cryptocurrency fund, in Singapore. The Kryptos Alpha Fund is an absolute return cryptocurrency hedge fund aiming to…

DIFC targets new wealth products and SE Asia in global initiative

By: Gary Robinson | 19 Apr 2018

The Dubai International Financial Centre (DIFC) has a new strategic initiative with plans to attract more global financial services business – particularly from South East Asia – and…

Credit Suisse to open new UHNWI Philippines base

By: Gary Robinson | 19 Apr 2018

Swiss banking group Credit Suisse has said that it is expanding presence in Southeast Asia with the opening of a new representative office in the Philippines. Credit…

IMF report expresses doubt NZ’s foreign home buyers ban strategy would work

By: Helen Burggraf | 18 Apr 2018

An International Monetary Fund staff report has expressed doubt that New Zealand’s much-debated ban on the sale of certain homes to “non-residents” would have “a significant impact…

Mark Woodward to join St. James’s Place Wealth Management Asia

By: Christopher Copper-Ind | 18 Apr 2018

St. James’s Place Wealth Management Asia, the international business of the FTSE100 wealth manager, has announced that Mark Woodward is joining the St. James’s Place Partnership. Woodward…

OMGI switches manager of its Asian equity funds, post-review

By: Helen Burggraf | 17 Apr 2018

Old Mutual Global Investors said that it is moving the management of its two Asian equity funds, currently managed from Hong Kong, to its global equities desk…

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