03/17/2022
The fund is targeted at UHNW investors looking to achieve potentially higher returns and greater portfolio diversification by accessing the often hard-to-reach global private equity markets.
03/17/2022
The transaction is expected to close in April 2022, subject to required filings and regulatory approvals.
03/17/2022
Opening up of the scheme to brokerages will further increase the competition for participating banks for an estimated $500m in annual fees.
03/17/2022
While stocks recovered some ground on Wednesday, they are still trading at depressed levels.
03/16/2022
The move would need approval by mainland Chinese regulators.
03/16/2022
The Indian mutual fund industry is witnessing strong growth.
03/16/2022
The move would need approval by mainland Chinese regulators. An SFC spokesperson declined to comment.
03/15/2022
Value Partners says 2021 was a “challenging year” for Asia’s financial markets, especially in China.
03/15/2022
Non-GAAP[2] net income attributable to Noah shareholders for the fourth quarter of 2021 was RMB289.6 million (US$45.4 million), a 10.3% increase from the corresponding period in 2020, and a 1.9% increase from the third quarter of 2021.
03/15/2022
Russia also makes up close to 45% of natural gas imports to Europe1.
03/15/2022
Macquarie Asset Management completes acquisition
Central Park Group will form the cornerstone of Macquarie’s efforts to serve US high-net-worth investor demand for alternative investments.
03/13/2022
UBP’s Asia business saw equally strong contributions from Hong Kong and Singapore during the pandemic, the bank’s regional chief executive Michael Blake told finews.asia, underlining that success from the dual hubs need not come at the expense
03/11/2022
Private banks 'neutral' on equities amid turmoil, but favour Asia ex-Japan stocks
Strategists recommend hedges - such as energy stocks and gold - against risk of protracted war between Russia and Ukraine
03/11/2022
To mark International Women’s Day this week ZEDRA’s Wendy Sim talks about her role in helping family home offices nurture female talent and how she sees her industry as helping to drive forward equality.
03/10/2022
Our business
03/09/2022
The bank reported a record net profit of S$6.8 billion for 2021, up 44 percent from 2020.
03/09/2022
“One of the structural changes facing the unit trust industry is the accelerated shift to digital platforms,” says Lum Ming Jang, chief investment officer at Public Mutual Bhd.
03/08/2022
UBS estimates that wealth for women in Asia outside of Japan will jump to $7.3 trillion by 2025, an increase of about 50% from $4.8 trillion in 2020.
03/08/2022
Australia’s third-largest lender is allowing interested suitors access to confidential information about the business, according to the people, who asked not to be identified as the process remained confidential.
03/07/2022
It is understood Wilsons won a competitive process to buy Chancellor Portfolio Services, adding the firm’s clients, client assets and advisers to its private wealth advisory division.