Managers of Wealth Asia Pacific

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.

Singhi Advisors picks stake in Rakesh Jhunjhunwala-backed company

The 25-year-old investment bank has picked up stake in big bull Rakesh Jhunjhunwala-backed John Energy for providing strategic, financial and M&A advisory services.

Square Yards Consulting raises $12 million from Reliance Group’s PE arm

The company had raised $11 million from a group of high net worth investors last year.

China to Allow Foreign Asset Managers to Operate Local Funds

Opening a significant segment of the asset management market to foreign asset managers.

Advent in talks for up to 40% in ASK Financials

ET had reported in August that the group has appointed investment bank Moelis & Co. to scout for buyers.

China Construction Bank lists $600 million bond on Nasdaq Dubai

China Construction Bank look forward to strengthening ties with Dubai and the UAE, which offer a business friendly and welcoming environment

Kedaara plans to raise $600 mn for new fund

Private equity firm Kedaara’s formal fund-raising process is expected to begin by the middle of next year

Porsche debuts 2017 Panamera

The second generation Porsche Panamera made its Asian debut

Super funds should enforce corporate conduct: ASFA

The industry needed to take an active role in addressing the shortcomings of the government's objective of superannuation.

LGS CIO profile: considering all the alternatives

This is critical as the core demographic of its membership shifts rapidly towards retirement age.

Kirkland wins first mandate from Singapore's GIC in biggest European real estate deal of the year

The transaction is subject to regulatory approval and is expected to close by the end of 2016.

Alternative Investments