Ten foreign managers have now received Qualified Domestic Limited Partnership (QDLP) licences after China revived the programme at the beginning of the year.
This week the regulator approved three Hong Kong-domiciled products, which are aimed at eventual sale to mainland investors via the Mutual Recognition of Funds scheme.
Published by Asia Asset Management – 20th Sep 2018
Manulife Asset Management (Hong Kong) Limited has appointed pension veteran Yvonne Sin as independent director in a move to boost its pension and asset management business in Asia.
Published by Asia Asset Management – 18th Sep 2018
US asset manager Capital Group has hired two senior executives in Hong Kong and London for its global relationship team to support strategic partnerships with global financial institutions.
More than 1,700 financial institutions in Hong Kong have submitted to local authorities the account details of customers who are tax residents of 75 jurisdictions around the world, as the city prepares to exchange information with other governments to crack down on tax evasion.
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