03/16/2018
Nexus departs Singapore to focus on Middle East
Nexus Financial Services focused on advising on life, savings and investment products for the city-state’s mass affluent population.
Alternative Investments
03/16/2018
South Korea’s Samsung Active Asset Management and Franklin Templeton’s local unit to merge
The merged entity will be known as Samsung Franklin Templeton Asset Management Co.
03/16/2018
Nirav Modi, Rana Kapoor and others who reportedly own properties in Samudra Mahal
Samudra Mahal was owned by Gwalior’s royal family
03/16/2018
Widodo Wants Indonesia's Banking Sector to Boost Credit Growth
It is not the first time Widodo requests the nation's banking sector to boost lending in an effort to encourage economic activity and economic growth.
03/16/2018
Edelweiss calls off deal to acquire Religare Securities
The statement had said Edelweiss Wealth Management has consistently looked at synergistic growth opportunities and expansion, especially for its asset and wealth management businesses.
03/16/2018
Valuable Capital Group and Saxo Bank partner to offer global investment services
According to the agreement, Valuable Capital Group will provide investors access to more than 35,000 financial instruments leveraging the multi-asset trading technology of Saxo Bank.
03/15/2018
Aetna Int’l continues to expand Asian footprint with HK licence
Aetna already had a presence in Hong Kong, dating back to its 2007 acquisition of Goodhealth, another Hong Kong insurer.
03/15/2018
PIMCO sells Aussie banks as correction looms
This is because, the report explained, the valuations suggested by tight credit spreads and very low volatility are close to fully pricing in the "good news" implied by above-trend global growth and "gently rising inflation."
03/15/2018
BNY Mellon expects retail investors to drive Asia Pacific ETF market
He says ETF sponsors need to enhance product awareness and options in order to promote retail participation in APAC.
03/15/2018
China's $814 Billion Fund Will Cut Exposure to Volatile Markets
CIC to boost direct investments in pursuit of stable returns
03/15/2018
Second Japanese investment wave to stem from SMEs
The first wave of Japanese investment was led by large firms in manufacturing, said Seiji Imai, Head of Mizuho Bank for Asia and Oceania.
03/14/2018
Woori Bank teams up with UK’s largest asset manager for asset mgmt biz
Woori Bank said on Wednesday it has signed a memorandum of understanding with the British asset manager to develop various investment products and co-share business strategies.
03/14/2018
China sovereign wealth fund CIC sells stake in Blackstone after 11-year investment
The sale, for which terms were not disclosed, comes amid rising trade tensions between the US and China
03/14/2018
Hong Kong’s Value Partners posts record net profit in 2017
Value Partners is also preparing to launch a private equity business in Shenzhen to capture demand for private equity investments in the Mainland, according to the statement.
03/13/2018
Eastspring sets up investment management WFOE in China
Prudential established the joint venture with CITIC Trust in 2005.
03/13/2018
MetLife Hong Kong Launches MetLife Enjoy Whole Life Plan and MetLife Amass Savings Benefit
This optional rider further boosts the growth of their legacy through competitive, long-term returns.
03/13/2018
SGX to double international sales team in three years
SGX has been actively working on various initiatives to expand its services to more customers and markets in recent years.
03/13/2018
Macquarie IM acquires equities specialist
Investors today need skilled active managers across a diverse range of asset classes
03/13/2018
Macquarie Group to buy Luxembourg asset manager
Founded in 1998, ValueInvest brings a team of 17 professionals to Macquarie and will continue to be led by Jesper Alsing, chief executive officer, and Jens Hansen, chief investment officer.
03/12/2018
Mercer flags more pain for mutual fund managers
Lower fees heighten lure of passive investing