10/31/2016
Metlife looks to exit India insurance venture
It’s not clear whether other investors will look to exit.
Alternative Investments
10/31/2016
LMEshield to launch in People’s Republic of China
In parallel with the pilot programme, the LME will work with other warehouse companies – alongside relevant Chinese regulatory authorities
10/31/2016
Former Deutsche Bank Asia CEO Gunit Chadha to head Everstone’s NBFC
Chadha will steer the private lender towards retail segment from its already established corporate focus
10/31/2016
Strong China-Africa trade to influence renminbi
China is working to restructure its domestic economy – away from commodity consumption-driven infrastructural and industrial development
10/31/2016
Chow Tai Fook Enterprises Eyes Buying Stalled Baha Mar Resort
The Hong Kong-listed developer, however, is in for a stiff competition at the negotiating table.
10/30/2016
Dubai International Financial Centre welcomes European wealth and asset manager Pictet
DIFC continues to play a pivotal role in meeting the growing financial services needs of the region and serves as an ideal destination for international businesses.
10/30/2016
Hedge fund rookie seeks bold action amid low rates
Trinity Multi-strategy Private Equity Fund was the second highest in yields rate among hedge funds in the market
10/28/2016
AMP takes $910 mln hit as scandals take toll on Australia life insurers
The industry has seen consistent deterioration over the course of the year that had significantly impacted its life insurance division.
10/28/2016
Update 3-AMP takes $910 mln hit as scandals take toll on Australia life insurers
Shares slide 10 pct to mark 2-year low
10/28/2016
Singapore property investor, partner pump US$115m into Seychelles project
The villas range from around 200 square metres to 500 sq m each. Perched high up on the island is The Six Senses spa, which is slated to open early next year.
10/27/2016
CapitaLand sets up $2b fund in China
The remaining interests will be held by major investors from Asia, North America and the Middle East, including new and existing investors.
10/27/2016
Elders inks deal with ninth practice
Elders Financial Planning has experienced strong regional and suburban growth in 2016, including adding practices in Brisbane.
10/27/2016
Asset manager Carmignac enters Taiwan market
Carmignac announced its arrival in the Taiwanese market
10/27/2016
Japan Will Give The Philippines More Aid Than China
Agreements involving Chinese companies will help develop energy, mines, ports and railways in the Philippines.
10/27/2016
Abu Dhabi's sovereign wealth fund opens Hong Kong office
ADIA had been investing in Asia for more than three decades, across multiple asset classes.
10/27/2016
AAA-rated Fidelity Asian star braces for bear market
The fund remains heavily invested in bluechips however, with large-caps such as Power Grid Corporation of India and Taiwan Semiconductor Manufacturing in the top 10 holdings.
10/26/2016
Impact investing delivers wide reaching returns
The data shows a steady increase in the number of impact investments over the last five years.
10/26/2016
ClearView welcomes new strategic shareholder
As a strategic shareholder, Sony Life will be represented on the board of ClearView through the appointment of a non-executive.
10/26/2016
HDFC Property Fund makes Rs 1,500 crore exit from Lodha’s World Towers
The offshore fund sponsored by the country’s largest mortgage lender is making over three times returns from its pure equity investment
10/26/2016
Asia Hedge Fund Industry Sees Less Launch Activity in Q3
Asia-focused and -based hedge funds both see proportional launch figures fall, as fund managers turn towards a global focus