Managers of Wealth Asia Pacific

Prudential Asia Wins Treasury Award Using Reval’s Bank Connectivity Service

Highly Commended for Best SWIFT Solution with Reval, Fides

China’s first Silk Road International Bank launched in Djibouti

According to a report by 163 news, the agreement was the first to confirm the distribution of equity within the bank, the first African bank a Chinese enterprise has acquired a licence for.

Private equity and venture capital investments slip 27 per cent in Oct to $1.19 billion: EY

PE/VC investment activity improved marginally in October 2016 but was the strongest since May this year.

ICBC Credit Suisse Asset Management (ICBCCSI) has launched a UCITS ETF tracking the S&P China 500 Index, listed on the Deutsche Borse.

The use of a sector based stock selection process then allows the index to reflect the sector allocation

China looks at Northern Powerhouse investment opportunities in UK

As part of the event the UK launched the Northern Powerhouse investment portfolio, which consists of 13 large infrastructure and property projects that might attract interest from Chinese investors.

Asia drives Prudential's new business profit, raises dividend

Asia contributes around a third of Prudential's operating profit and the region's head Tony Wilkey said the business was on course to meet its 2017 objectives as it targets an expanding Asian middle class to deliver growth.

Index fund pioneer Jack Bogle lets fly at active managers, hedge funds and ETFs

A majority of active equity and bond funds in most categories failed to beat their index over three and five years

Asia's hedge funds suffer highest withdrawals in 4 years

Asia's hedge funds had the highest investor withdrawals last month in more than four years as the industry is struggling with lacklustre returns

CTBC pays compensation to XPEC investors

CTBC said in a statement that investors' losses stemmed from limitations in regulations concerning tender offers.

Hong Kong tycoon’s FWD poised to buy AIG unit in first Japan foray

The agreement marks FWD’s entry into Japan since its 2013 founding, according to the statement.

Chinese sovereign wealth fund CIC to raise overseas investment

The sovereign wealth fund has focused recently on infrastructure investment, according to a latest disclosure on its website.

Asian Private Equity not hit by Brexit

There are signs new opportunities in the UK could open up to the Asian market, with hopes UK-based investors may be free of EU based regulation, particularly AIFMD, in future.

Buzz of gold import ban spreads panic among traders

The move of a likely ban on imports was termed draconian by one trade member, even though Mehta tried to downplay its significance.

Insurance Regulator IRDAI Expresses Reservations On HDFC-Max Life Merger

HDFC and Max Life had signed a deal in August 2016 to create India’s largest private insurer with the total premium of the merged entity expected to be nearly Rs 26,000 crore

Prudential sells Korean life insurance business

The company said it remains committed to the Korean market through its Asian asset management business, Eastspring Investment.

SBI in talks to sell 5% in life insurance subsidiary

The life insurance joint venture with BNP Paribas Cardiff in a preIPO fund raise.

AMP Capital infrastructure fund ESG leader

The score is a combined ranking of the fund and its underlying assets, which include Melbourne Airport, Interlink and New Zealand's Powerco.

MUFG plans Asia back-office center in Manila

MUFG has about 8,000 employees in its commercial banking operations in Asia and Oceania regions outside Japan.

Captives at the forefront of Asia, says Guernsey

The agreements intend to facilitate business development initiatives between the parties and enable captive insurance market development and information sharing.

Milan wants to lure Asian and Gulf firms fleeing Brexit

Giuseppe Sala, the recently-elected mayor of Italy’s financial capital, aims to offer them tax breaks in the latest charm offensive by European centres such as Paris and Frankfurt to attract banks and other financial institutions.

Alternative Investments