TAIWAN: Financial firms start year strong

The nation’s 15 publicly listed financial holding companies got off to a strong start this year with combined profit expanding by nearly 20 percent in the first quarter from a year ago, supported by stable income growth in banks and brokerages.


Salary Divergence

Foreign asset managers in Japan spend significantly more on salaries and bonuses than local asset managers


Shanghai ready to tap asset management boom

PwC's report also predicts that China will become one of the world's leaders in the asset management industry as local financial authorities move ahead with efforts to internationalize the yuan and liberalize the country's capital market.