Prudential tops as preferred onshore bond provider by advisers
Prudential is dominating the onshore provider market with 46% of advisers recommending its bonds to clients, according to Defaqto.
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Prudential is dominating the onshore provider market with 46% of advisers recommending its bonds to clients, according to Defaqto.
China’s latest act is to invite more foreign players to its US$232 trillion onshore repo market. As a precursor, Hong Kong will treat Chinese government bonds and policy bank bonds as eligible collateral in its yuan liquidity facility.
Canada Life has closed its onshore bond and personal pension operations with immediate effect with its wealth division’s focus now shifted to offshore bond products.
Both advisers and their clients feel financial decision-making has become harder during the past five years as political and economic uncertainty continues to dominate, research has found.
As taxes are set to increase onshore bonds offer an important tool to protect client wealth against their effects, writes Matthew Morris