Hong Kong

Charlton House Wealth Management

Asian indices hit a fresh six-year high this morning after positive manufacturing data helped lift sentiment.

Wealth managers in Hong Kong and Singapore put conflicting regulatory regimes high on the list of concerns when it comes to managing client data.

Guernsey hopes that its latest Double Taxation Arrangement (DTA) with Hong Kong will lead to significant potential for expanding financial services business between the two jurisdictions.

OFFSHORE

IPG appoints MD to oversee growth in Switzerland and Daniel Stewarts boosts expertise in Hong Kong.

Baring Asset Management (Barings) has appointed Eric Poon to the role of Regional Head of Institutional Business, Asia ex Japan.

The Irish Funds Industry Association (IFIA) has announced plans to open a representative office in Hong Kong to tempt local managers seeking an offshore presence.

M&G Investments has appointed Andrew Hendry to the newly created position of Managing Director, Asia, to offer a more local service to distributors in Singapore and Hong Kong.

The booming economy of Hong Kong is attracting increasing numbers of British expats who are turning their backs on more traditional destinations, says international financial advisers Guardian Wealth Management (GWM).