A recent closed-door symposium held by the CSRC in Beijing aimed to show that China is open for business. But can it keep the door open and closed at the same time?
Vinovest set up in 2019 with a mission to democratise access to a luxury investment sector. Anthony Zhang spoke to FA about the opportunity that fine wine presents to Asian investors.
Liyong Xing, a former partner at law firm Kirkland & Ellis, has joined Clifford Chance’s Funds and Investment Management function in Hong Kong, expanding their client offering in Asia Pacific.
The private-equity firm signs agreements with the governments in Shanghai and Chongqing to set up two renminbi-denominated funds of Rmb5 billion each to invest in Chinese companies.
Prime broking contracts stipulate that Lehman can treat hedge-fund clients' assets as its own, putting an untold amount of fund assets at risk; but Japanese regulators move to ensure an orderly unwinding.
The research firm says banksÆ wealth management activities are mainly motivated by generating fees through transactions; a reality that discourages investors from seeking meaningful advice and prevents fees from coming down.