In IIFL Wealth Managers, the parent company IIFL Holdings has a 53.64% stake, General Atlantic 21.52%, employees 20% and foreign financial investors 5%.
Hong Kong is aiming to attract more family offices, which have been identified as a key growth engine for the industry, and its recommended changes follow in the footsteps of rival financial hub Singapore.
PAM invests across the asset management spectrum utilising active, passive and smart beta strategies. Portfolios are constructed using two complementary approaches, built to work together.
CITIC Securities Brokerage (HK) Limited (“CITIC Securities Brokerage HK”) has recently launched CITICS Plus, an integrated Wealth Management (WM) platform that helps the growing class of Chinese high net worth investors achieve diversification
As a result, the bank's long-standing head of developed and emerging Asia, Alex Wade, will leave.