Capital Group CEO sees mid-sized asset managers getting ‘hollowed out’
Capital Group CEO Mike Gitlin expects smaller boutique firms to survive on satellite allocations and larger firms taking more market share of investors’ core exposure.
Passion Investments
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Digital asset firm launches tokenized Pokémon trading card fund
Hong Kong-listed digital asset firm MemeStrategy is launching a tokenized fund dedicated to Pokémon trading cards.
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PWMA welcomes Hong Kong’s ambitions to become a global premium arts trading hub
A global premium arts trading hub will complement the broader private wealth ecosystem, the PWMA said.
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UBS: Wealthy individuals continue buying arts and antiques
The Art Basel and UBS Survey of Global Collecting 2024 also found a decline in average spending levels by value.
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Young HNWIs become big spenders in art market
More than half of wealthy investors believe the pandemic has increased their interest in collecting.
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Whisky fund launched in Hong Kong
Alternative investments have become one of the most sought-after strategies by HNWIs in Hong Kong and Singapore.
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Alternatives fund targeting elite whisky raises $12m
The Whisky Investment Fund, a first of its kind launched in Hong Kong in 2014, has exceed its initial target of $10m, according to a statement from the fund.