Asia's falling fund penetration 'worrying'

Mutual fund assets under management are declining as a proportion of household financial assets in Asia. This indicates a worrying lack of understanding of these products, say market participants.


Wealthy Japanese quickest to get richer in Asia

The nation’s high net worth individuals, defined as those with investable assets of at least $1 million, increased their wealth 24 percent from a year earlier to $5.5 trillion, according to a report released Tuesday by Royal Bank of Canada and Cap G


Van Eyk goes into liquidation

Van Eyk creditors have voted to put the business into liquidation following a recommendation from administrator Moore Stephens, which has just signed term sheets for the sale of the van Eyk Australia and New Zealand businesses.