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Endowus has announced key leadership appointments to enhance its operations in Hong Kong, with Hugh Chung as chief investment officer and Janet Hung as head of client advisory. The firm aims to double its workforce and expand investment solutions to cater to the growing demand for conflict-free wealth management services, following record inflows in January 2025.
The Japanese yen is nearing three-month lows against the U.S. dollar, recently trading at 152.82, primarily due to its status as the lowest-yielding G10 currency. Despite the narrowing interest rate differential, the yen remains unattractive for long-term holding, compounded by market volatility linked to U.S. political developments and Japan's upcoming elections. Analysts suggest that further yen weakness could prompt intervention from Japanese authorities, as public sentiment grows increasingly concerned about the currency's depreciation.
Hugh Chung
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Endowus strengthens Hong Kong presence with new leadership appointments
08:50 03.03.2025
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