Managers of Wealth Asia Pacific

China's CITIC Securities posts 115 pct rise in net profit

China's largest brokerage CITIC Securities Co Ltd on Tuesday posted a 115.4 percent rise in 2014 net profit to 11.3 billion yuan ($1.8 billion).

CIMB Thai pre-tax profit slips 12.2% in FY14

President and Chief Executive Officer Subhak Siwaraksa said the decline in results was mainly due to extraordinary items in 2013, which included shared gains from Thai Asset Management Corporation and special provisions.

ING Vysya net rises 18% on retail revenue, but asset quality worsens

Operating costs were affected by higher accruals on pension benefits due to sharp decline in the interest rates

Fund trims CCB stake

As the world's 10th biggest sovereign wealth fund, it is also an investor in Industrial and Commercial Bank of China (1398) and Standard Chartered.

Global’s Mayur Hedge Fund returns 61 per cent in 2014

The Asian, and in particular the Indian market, offers a compelling investment opportunity.

Hong Kong ETF turnover hits record high in 2014

Despite the recent spotlight on A-shares, less than half of new ETFs last year were A-share centric

7 reasons why fund managers invest in Singapore

Despite a turbulent 2014, fund managers and sector analysts have expressed confidence in the resilience of Singapore's investment environment for the future.

Hong Kong, Jakarta lead gains in light post-holiday trade

On the first trading session of 2015, Asian equities were quiet on the back of a lack of foreign cues and economic data releases

Market ends flat amid choppy trades

The 30-share Sensex provisionally ended up 8 points at 27,507 and the 50-share Nifty closed 1 point higher at 8,284.

In the fast lane

With a new management at the helm, a resurgent RBL Bank is expanding operations at a brisk pace

Appraisal update: Top performers to be rewarded with 20 per cent increment

Those rated as top performers by their companies will get salary increments that are almost twice that of their 'average' peers in 2015

1MDB says PKR MP confirmed wisdom in keeping funds in Cayman Islands

PKR MP Wong Chen’s observation of currency gains made by 1 Malaysia Development Bhd through its offshore accounts in the Cayman Islands validates its concern over foreign exchange fluctuations

China gloom halts EM rally, rouble powers on

Weak sentiment in China halted a four-day rally in emerging market stocks on Tuesday, though there was no stopping the resurgent rouble as steadier oil and central bank muscle-flexing lifted it to a two-week high.

A.M. Best Affirms Ratings of Sovereign Assurance Company Limited

A.M. Best has affirmed the financial strength rating of A+ and the issuer credit rating of “aa-” of Sovereign Assurance Company Limited

Assets under Malaysia's PRS continue to rise

Assets invested via Malaysia’s nascent Private Retirement Scheme have continued to rise, reaching 595 million ringgit as of the end of November.

Cayman fund numbers slump in Hong Kong

The number of Cayman Islands funds authorised in the city has fallen 30% this year against a rise in HK-domiciled funds.

Bank of Singapore set to notch record growth in 2014 - Business Times

Bank of Singapore, the private banking arm of Oversea-Chinese Banking Corporation, is back on track to post double-digit growth for 2014, likely as much as 15 percent, said the Business Times, citing its outgoing chief executive.

UOB to grow wholesale bank revenue by 15 per cent

United Overseas Bank Bhd, a subsidiary of Singapore-based UOB Group, aims to grow its wholesale bank business revenue by 15 per cent in the next two years.

Nikko Asset Management Tops NZ$4bn in AUM

Nikko Asset Management Tops NZ$4bn in AUM as Global Investors Eye New Zealand

Maybank 9 Month Profit Up 1.7 Percent

Net profit, meanwhile, was RM4.79 billion, marginally lower by 0.7 percent from the RM4.82 billion a year earlier, owing primarily to a higher tax charge.

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