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Top Headlines in the Last 7 Days 

(26th Jun – 2nd Jul 2017)

No. 1 AXA Appoints Hong Kong CEO

AXA Asia Life Chief Executive Etienne Bouas-Laurent will take up the Chief Executive Officer of AXA Hong Kong with effect from 1st September 2017.

He will succeed Stuart Harrison as CEO of AXA Hong Kong. AXA Hong Kong announced that Stuart Harrison will retire from the AXA Hong Kong CEO position, effective 31 August 2017. Learn More …

 

No. 2 St James’s Place Wealth Management Asia Announces Opening of New Singapore Office

St. James’s Place Wealth Management Asia (“SJP Asia”), today announced the official opening of its new Singapore office in Raffles Place.

The expansion marks SJP Asia’s enduring commitment to Singapore as it develops a stronger presence in the local market and continues to build on its expatriate focused business. Learn More …

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No. 3 Deutsche Bank Appoints Ex-CEO of Coutts to Lead UK Business

Deutsche Bank Wealth Management has appointed Michael Morley ex-CEO of Couuts & Co to lead and build the UK business.

Morley was CEO of Coutts, the UK’s largest private bank, from 2009 to May 2016 and spent seven years as Chairman of the Board of Royal Bank of Scotland International before stepping down in January this year. Learn More …

 

No. 4 DBS Launches Financial Planning Centre Offering Free Advisory Services

DBS today launched “NAV Hub”, Singapore’s first financial planning centre which offers free advisory services, with no financial products being sold.

Targeted at young adults, the “NAV Hub” is part of a new financial planning initiative by DBS named “NAV – Your Financial GPS”, aimed at helping customers navigate through life’s changes, uncertainties and opportunities. Learn More …

No. 5 Bank of China Launches Debt Capital Market Centre in Singapore

Bank of China launched the Debt Capital Market Centre in Singapore, the first of its kind by a Chinese bank.

The centre will latch on Bank of China’s expertise and distribution network to provide bond origination and distribution services for Asia Pacific clients. Learn More…

No. 6 Manulife Receives Approval to Engage in Trust and Fiduciary Business in Philippines

Manulife Asset Management and Trust Corporation has obtained approval to deal in trust and other fiduciary business in Philippines from the central bank.

Manulife becomes the first trust corporation backed by resources of a multinational financial services group in Philippines. Learn More …

 

No. 7 Allianz Expects Life Insurance to be Growth Driver for Thailand’s Insurance Sector

Allianz expects the life insurance to be a growth drive for Thailand’s insurance sector over the next decade, averaging around 9.3% growth rate annually. Currently, life insurance makes up 70% of the total premium income in Thailand.

Premium income reached 4.9% of GDP in 2016, putting Thailand on par with Germany with respect to insurance market penetration. Learn More …

 

No. 8 Aviva Investors Appoints Head of Wholesale Distribution in Asia

Aviva Investors appointed Charles Wong as Head of Wholesale Distribution, Asia. He will in charge of growing the business in Asia and managing relationships with private banks, family offices and financial advisers.

He was previously Vice President of Institutional Distribution at Credit Suisse Asset Management. Learn More …

 

No. 9 Harvest Global Investments Receives Approval for Swiss-Hong Kong Fund Scheme

Harvest Global Investments, the Chinese and Asian markets specialist asset manager, announces that they are the first firm to qualify funds for the Switzerland-Hong Kong Mutual Recognition of Funds scheme (‘the MRF scheme’), established in December 2016.

This allows Swiss investors to allocate funds to Harvest’s China Equity and Asia Frontier strategies. Learn More …

 

No. 10 Pinebridge Appoints New Head of Marketing & Communications for Asia

PineBridge Investments announced the appointment of a new Head of Marketing & Communications for Asia.

Based in Hong Kong, Lisa Wang has more than a decade of B2B and B2C marketing experience in the asset management industry. She was previously Head of Marketing for Asia Pacific at State Street Global Advisors. Learn More …

 

Credits: Marketing Interactive, finews asia, Harvest Global Investments Press Release, Asia Asset, Asia Insurance Review, Deutsche Bank Press Release, DBS Press Release

Jun 2017 Headlines



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