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Wealth Management
With environmental, social and governance (ESG) factors becoming pivotal for business growth, the next generation of family business leaders need to take a lead in building an ESG strategy and reimagining their family business’ success, according to a new study. NextGens should prepare themselves to be the future leaders who will fortify and develop the family legacy and support responsible business growth, PwC’s NextGen Survey 2022 – Asia-Pacific and Asean says.
27 Jun 2022
Private market exchange ADDX is teaming up with China Construction Bank (CCB) for the custody and distribution of a US$200 million quota allocation under the Qualified Domestic Limited Partnership (QDLP) scheme.
23 Jun 2022
New hires Thomas Roland-Guyot, William Shi, Nikki Yeung all industry veterans
23 Jun 2022
The global economy is expected to slow down this year, and into 2023, as inflation, rate hikes, geopolitical conflicts and Covid-19 continue to create headwinds that are likely to result in the deterioration of underlying conditions for various business sectors. In separate reports outlining their mid-year outlook for this year, Allianz Global Investors, Fitch Ratings and Coface reassessed their respective forecasts, citing risk factors that they think make a “hard landing” in 2023-2024 more likely.
22 Jun 2022
Kuala Lumpur-based Affin Hwang Asset Management has launched a Shariah-compliant retail fund that provides investors access to thematic opportunities through a multi-asset approach including global equities and sukuk.
22 Jun 2022
Fullerton Fund Management has appointed Angus Hui as head of fixed income, effective June 20. He will report to chief investment officer Ken Goh.
17 Jun 2022
South Korea-headquartered Mirae Asset Global Investments and its New York-based subsidiary Global X ETFs have completed the acquisition of ETF Securities, an independent provider of exchange-traded funds in Australia. Financial details of the deal were not disclosed.
17 Jun 2022
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