09/28/2018
Pinnacle launches new affiliate
Pinnacle will hold 40% of the total shareholding in Longwave and represents less than 1% of the voting shares.
Alternative Investments
09/28/2018
Nikko Asset Management and ARK Investment Management launch disruptive innovation UCITS fund
The Fund’s investment team utilises an open research approach that is designed to identify innovation and its convergence across sectors, economies and geographies.
09/27/2018
As trade war rumbles, China steps up opening of financial markets
China has accelerated the opening up of its capital markets this year to mitigate the negative impact (of the trade war)
09/27/2018
Business elite hit by collapse of tech startup Fulcrum
The big data market for the global finance sector alone is worth $9 billion this year.
09/27/2018
Shanghai Could Become Asia's New York, Top Sovereign Fund Says
Norway’s wealth fund is centering Asia efforts on Shanghai
09/27/2018
Investec brings China fund to Malaysia
The fund will be TA Investment’s first China-focused offering.
09/27/2018
AMP Capital divests from tobacco securities worth A$440 million
In addition to the landmark divestment, AMP Capital has today become a founding signatory of the Tobacco-Free Finance Pledge launched at an event at the United Nations General Assembly in New York.
09/27/2018
China Renaissance to Invest in Wealth Management, CEO Bao Says
He speaks with Stephen Engle on "Bloomberg Markets: Asia."
09/26/2018
HSBC Securities Services named custodian of Ping An’s first RAIF fund
RAIF is a European fund structure based on the principle of risk-spreading, and has to be overseen by an alternative investment fund manager.
09/26/2018
Malaysia-Philippines trade to grow by double digits
Ong noted that Malaysia could work together with the Philippines in improving the market access and production capacity of halal products and related services.
09/26/2018
Investment firm Nisus eyes AUM of ₹1,000 crore by year-end
Investment firm plans to invest in distressed realty projects in MMR and NCR
09/26/2018
Mutual funds may shift to higher-rated papers
Besides, 85% of the total debt is held by corporates and high net-worth individuals; therefore due to concentrated holding, liquidity risks could increase
09/26/2018
Aussie fund managers face machine learning challenges
Machine learning is a subset of artificial intelligence that focuses on teaching computer systems to 'learn' independently with data to automate processes and increase efficiency.
09/26/2018
Stifel & Hong Kong’s Everbright Sun Hung Kai Establish Cross-Border Partnership
"It is also an extension of our international footprint, enabling us to fulfill our commitment to serve our clients' needs globally."
09/25/2018
Indonesia has 2,000 banks, and eyes foreign firms for more mergers
Country does not have a sufficient number of experienced finance staff to sustain so many institutions, says regulator
09/25/2018
Fidelity’s investment arm, Eight Roads, opens in Singapore
The growth-stage companies, looking at raising Series B/C/D rounds have had limited access to capital given the lack of global funds operating in the region
09/25/2018
Default rattles investors in Asia's best-performing stock market
A gauge of investor anxiety surged to its highest level in more than five months, after the Sensex on Friday had its wildest intraday move in more than four years before closing with a 0.8 per cent loss.
09/24/2018
Strong interest shown in Guernsey alternatives at Hong Kong event
The event was sponsored by Trident Trust, which has a background of administration of Cayman-domiciled funds of Hong Kong managers through Guernsey.
09/24/2018
China Allocated 50 Billion Dollars to African Development
The allocation of these funds is part of the new strategy applied in trade relations between China and Africa
09/24/2018
BDA Advises Investcorp on Investment of Up to $250M in China Everbright New Economy Fund
China is increasingly attractive for private equity investing.