08/09/2016
Platforms and Wealth Drive Strong IOOF Result
The IOOF ASX announcement said the company had recorded its 14th consecutive quarter of positive net flows in platforms and net flows for the year of $1.3 billion through advice channels.
Alternative Investments
08/09/2016
ANZ Bank's nine-month cash profit falls 3pc to $5.2 billion
A trading update on Tuesday said the bank's profits for the first nine months of the financial year dipped 3 per cent, to $5.2 billion
08/09/2016
Korean Investment Corporation to take stake in Melbourne office complex
The investors paid a compelling price, and this gives us the opportunity to deploy the proceeds to fund our development projects.
08/09/2016
Sun Hung Kai Beats Expectations With Offer for Hong Kong Site
Hong Kong’s biggest developer outbid 10 other companies with offer about 25% higher than valuations expert says
08/08/2016
Charter Hall on track for trust float
The group in June unveiled plans to float the real estate investment trust, the Charter Hall Long WALE REIT.
08/08/2016
Why hold alternative investments?
Alts is a convenient catch-all category for six asset segments or asset subclasses used by wealthy investors to a modest extent.
08/08/2016
Warehousing to attract up to Rs 15K cr investment every year
With all this development taking place, there is lot of traction from investors, private equity fund houses, high networth individuals, NRIs, among others.
08/08/2016
Minimum pension of retired central government staff goes up by 157%
The Commission had also recommended the ceiling on gratuity to be raised by 25 per cent whenever Dearness Allowance rises by 50 per cent, a proposal which has been accepted by the government.
08/08/2016
A tactical hit ahead in emerging markets equities?
The Philippines's property developer rose from 3.60 to 4.30 pesos this spring. Russian bank Sberbank is up 70 per cent from its lows last year.
08/08/2016
Global Exchanges Develop Cross Border Islamic Capital Markets
The exchange is already home to an innovative listing combining Insurance Linked Securities with sukuk.
08/08/2016
HDFC, Max likely to get board approval today for new merger scheme
The insurance unit will be combined with HDFC Life, leading to the listing of the merged entity. MFS had a consolidated contingent liability of Rs 572 crore in FY1415.
08/08/2016
IDFC Alternatives plans to raise $100m as private equity
The private equity of IDFC Alternatives has made investments in the consumer segment, healthcare, food and agriculture, media and telecom, and infrastructure and industrial space.
08/08/2016
Zurich establishes risk specialist team
As the life insurance advice landscape continues to evolve, so too are the content needs of licensees.
08/08/2016
Chinese investors: Tough new borrowing laws see opting for private lenders
Government restrictions mean most purchase new developments in largely off-the-plan apartments.
08/08/2016
Nomura-Keio fund boost investment target for Japan startups
The fund operator aims to raise another 10 billion yen for the second and third phases over 10 years, he added.
08/07/2016
New Pan-Asia Hedge Fund Planned with Investment from Alibaba Exec-backed Firm
Hedge funds, which have unstable markets, are having a hard time finding high-profile backers.
08/05/2016
Sun Life Financial to buy FWD Hong Kong’s pension business
Expanding our pension business is a key priority for our Asia operations and deepens our wealth business in the region.
08/04/2016
Factor-based investing to become the norm
Cerulli also expects demand from insurers and private banks to pick up, going forward.
08/04/2016
Mutual benefit as Gross bonds
The fund's return rate was 7.61 percent, a significant improvement over the benchmark rate of 6.97 percent last year when Gross was tapped to manage it.
08/04/2016
China's giant 'unicorn' Fosun races for more deals
That came only a week after it bought English Championship football club Wolves, and two months after it was part of a consortium that signed a memorandum of understanding to buy Athens' former main airport.