Managers of Wealth Asia Pacific

Kotak Mahindra Bank Q3 profit rises 11.5%, provisions higher

Net interest income rose by 5.2 percent quarter-on-quarter (up 66.7 percent on yearly basis) to Rs 1,766.2 crore in quarter gone by.

Bell Financial Group posts strong result

The group's funds under advice now exceed $32 billion with $28 billion in CHESS sponsored holdings, $900 million in cash deposits, $500 million in superannuation assets, $300 million in margin equity loans and more than $2 billion on its Portfolio Ad

Singapore firms likely to report lower profits, while banks may come out tops: Analysts

We believe that they will continue to rise throughout 2016 in Singapore, which is positive for the banks

China brokerages' 2015 profits soar despite mid-year stocks slump

Since the Chinese stock market tumbled more than 40 percent in summer last year, brokerages have faced a clampdown on margin financing

Polar Capital sees light at end of Japan tunnel after more outflows

Polar Capital sees signs that it has passed the nadir for its important Japanese franchise, which continued to weigh on the business in the first half.

Korean investment in overseas securities inches down in Q3

The on-quarter drop in the July-September period marked the first of its kind since the second quarter of 2013.

GPIF reports record quarterly loss

As of the end of September, about 38.95% of the pension’s assets were placed in domestic bonds.

Indian growth accelerates but reforms are still needed

On an expenditure basis, GDP growth was driven by a strong net exports performance, even if that came from collapsing imports at a time of export weakness.

Citic Securities says it overstated equity-swaps figure

A day earlier, the quasi-regulatory Securities Association of China said it discovered a “massive error” last month in regulatory filings by Citic Securities related to its swaps business..

CIMB operating income up 8.8%

Third-quarter business as usual net profit was 1.3% higher year-on-year from improved operating income and lower provisions.

JPMorgan pegs FY16 earnings growth at just 6%

Earnings have been flat over the first half of this fiscal year, and the US brokerage expects the earnings downgrade cycle to continue for another quarter or two.

Glencore's reprieve looks shaky as stock drops

For a while it looked like Glencore had turned the tide.

LIC's Rs 45,000 crore purchase exceeds 2014 infusion, accumulates tech and banking shares

LIC has simultaneously cut holdings in state-run companies, including Coal India and State Bank of India.

ClearView signals further growth

Commenting on the result, Clearview managing director Simon Swanson said the company was “well positioned to take advantage of current industry consolidation”.

ARA Asset Management's 3Q earnings fall 44% to $17.1 mil

ARA says it will continue to focus on growing its private real estate funds under management by establishing new funds

Swiss-Asia adds five alternative funds to its platforms in Singapore and Hong Kong

The fund platform provides a cost effective solution for managers who look to launch a fund in Singapore or Hong Kong, by providing back and middle office fund operations.

Post-equities slump investors look again at Asian markets

Stable US and European growth figures, break even inflation, and higher oil prices are also helping raise confidence levels

KTB CEO: We'll be Thailand's most profitable bank

Having achieving his goal of making Krungthai Bank the biggest lender in Thailand by assets in 2015

Hong Kong Exchange Fund posts record quarterly loss

The quarterly loss has completely wiped out gains made in the previous two quarters.

Asia Wealth in the red as sales fall

Asia Wealth continues to seek investment opportunities in the Asia region and is currently engaged in multiple discussions on various potential acquisitions

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