01/25/2017

HNA to buy majority of Sky Bridge Capital

The deal, the first acquisition of an alternative investment firm by HNA, would add to the assets of the group, which are now valued at more than 600 billion yuan ($87 billion).

01/25/2017

Australia''s AMP closes venture capital fund

The decision comes three months after AMP said it would book A$1.168 billion ($885.69 million) in impairment and other one-off charges in the financial year ending June 30.