By Ben Hurley Warren Buffett says his winning 10-year bet on a simple index proves investment returns delivered by active investment experts don’t justify their fees. For most of the 21st century, active investment managers have been losing market share in retail investment to cheaper, index-tracking passive managers. The active managers have been under pressure… Read More Ditch hedge funds and go passive
With Mainland China continuing to open up to foreign companies, Nicky Burridge finds out the challenges they face to achieve business success in the world’s second-largest economy. Global insurance broker Willis Towers Watson recently announced it had become the first fully licensed foreign broker to be allowed to transact all types of insurance business in… Read More Made for China
The greatest challenges and opportunities for most FS businesses today stem from technology, says Tom Colraine. The financial services sector is exposed to rising threats from people who want to steal personal data, intercept and amend communications, misappropriate assets for their own use or hold organisations to ransom. Businesses need to continually improve their defences… Read More Impact of technology on financial services
The Financial Action Task Force combats money laundering and terrorist financing around the world. Its President, Argentinian justice secretary Santiago Otamendi, tells A Plus about its current battle plans, and how Hong Kong and the accounting profession can help win the war. Leading the global fight against money laundering and terrorist financing should be a… Read More Keeping it clean: an interview with Santiago Otamendi
By David Trahair There’s a good rule of thumb when it comes to asset allocation decisions: you should have at least your age in safe fixed income products. It’s RRSP season again and that means you are probably wrestling with the same old problem — where the heck do I get the money? I can’t… Read More Where to stash your cash?
By Nicky Burridge Earlier this year, the Securities and Futures Commission issued a guidance note after being increasingly concerned that some listed companies are acquiring assets at unreasonably high prices or selling assets that are undervalued. CPAs explain to Nicky Burridge the challenges in business valuation. A Hong Kong-listed company managed to lose HK$125 million… Read More Finding true value