Managers of Wealth Asia Pacific

Gets its first public listing

First Myanmar, Myanmar Citizens Bank and Myanmar Thilawa SEZ are among the initial batch of six companies approved for listing

Nomura plans layoffs in North America

In the Americas, the company has posted pretax losses for six straight quarters.

Aiib to support Pakistan in infrastructure projects

Pakistan is confident that it will receive support from China-backed Asia Infrastructure Development Bank in development of its infrastructure projects.

Expand fund for African cooperation by US$600 mln

South Korea will inject a fresh US$600 million into its overseas cooperation fund by 2018 to help African countries launch massive infrastructure-building projects, the finance ministry said Monday.

S.Korea set for record IPO year as conglomerates prepare to sell family silver

Coming on the back of a near-10 percent rally in Seoul's benchmark share index since mid-February

China’s pension fund may start buying stocks this year, China Daily reports

The funds can only invest in treasuries and bank deposits now.

Assets under Korean hedge funds top $3.44 billion

Assets under Korean hedge funds have exceeded 4 trillion won ($3.44 billion) four years after their launch.

Regional bank to partner with China to finance African projects

PTA will also partner with other Chinese financial institutions to undertake infrastructure projects in Africa.

UBS links with Harvard on ESG tool for pension funds

It comes as pension funds around the world, including Australian superannuation funds, come under mounting pressure to consider the environmental and social impact of their investment decisions.

YBR acquires News Corp platform

YBR's statement said the acquisition forms part of its digital plans which included the release of robo-advice tool Guru in 2015.

Nomura to Reorganize Asia Holding Company Structure

The wind up process is expected to be completed by March 31, 2019.

Mirae Asset adds senior ETF portfolio manager in Hong Kong

Mirae Asset Global Investments has relocated Jin Kim from Seoul to Hong Kong, to take up the role of senior ETF portfolio manager.

Equity and crowdfunding platform FundedHere starts operations

The company said the funding platform is built on a straightforward idea.

Indian, Singapore exchanges to launch offshore Indian sector futures

Indian and Singapore stock exchanges have announced their intention to introduce futures on Indian sector-specific index futures on the Singapore Exchange

ANZ CEO flags further restructuring of Asia business

ANZ, which has the most focus on Asia among Australia's major lenders

Why we need to bring bank distribution into a new age

How the majority of mutual funds continue to be distributed by banks in Asia is outdated, at best.

Barclays Capital Securities to terminate Taiwan operations

The move is part of the Barclays group's plan to cut its presence in Asia, the FSC said, adding that it has not heard of any other foreign securities firms that are withdrawing from Taiwan.

Edelweiss Asset Management to acquire JP Morgan’s Mutual Fund

Along with the schemes, EAML is committed to absorbing majority of employees of JPMAM ensuring business continuity as well as a platform for enhanced growth across the Edelweiss Group.

New World Development Wins Go-Ahead to Take Chinese Unit Private

The deal has gained the support of shareholders representing more than 97 percent of the stock on offer, both companies said in statements Monday.

Godrej Properties raises $275-mn through real estate fund, partners with Dutch firm

Godrej Properties Ltd, the real estate arm of the Godrej group, in a statement, said it has created a dedicated real estate funds management business in India and Singapore -- Godrej Fund Management.

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