Managers of Wealth Asia Pacific

Singapore-based fintech firm Mesitis bags $3m Series A funding

The investment came entirely from individuals

Property developer sells assets to HK firm

The property company said several assets had been sold, as part of its unwinding process, to a fund managed by Gaw Capital Partners (Gaw), a real estate fund manager head-quartered in Hong Kong.

Indian expats in Kuwait write to FM for setting up a joint investment fund

As per the figures released by Indian Ministry of Commerce, the Trade exchanges between Kuwait and India (Bilateral trade) reached $18.21 billion in the 2013-2014 year.

China's online lending totals $42b, spurring startups and new investment

Though peer-to-peer lending was pioneered in the US by companies such as LendingClub, China is where it's really taking off

Japan’s Nippon Life starts preliminary talks to buy NAB insurance business

Japan-based Nippon Life Insurance is reportedly in early discussions to acquire the insurance business of National Australia Bank

Former Standard Chartered board member to launch Africa-Asia private equity fund

"It's an arc connecting Indonesia to South Africa, very much focused on the South-South flows,"

Nippon Life in talks to buy National Australia Bank's life unit

It's 10 months since Andrew Thorburn took the top job at National Australia Bank, and it's understood he's poised to deal with another of the company's problem children

Former TPG-Axon Partner Wong Said to Start Pan-Asia Hedge Fund

It would be the first time Reservoir seeds an Asia-based hedge-fund startup.

AXA Group eyes 100 million customers in Asia by 2030

Asia’s GDP will grow three times to US$38 trillion by then

New India Assurance to open regional hub in DIFC

New office to house claims settlement centre, the first in the region

Regional boost for fund managers

There is also the potential to create 170,000 jobs over five years

U.S.-based hedge fund blocks Samsung's management succession

The purchase came as Samsung embarked on the leadership succession from Samsung Electronics Chairman Lee Kun-hee

Vanguard adds China A shares to EM fund

Vanguard will include A shares in its emergingmarket fund in the fourth quarter. And Hong Kong's SFC chief Ashley Alder says he believes it is inevitable that MSCI will eventually include A shares in its indices.

Retirement income products leading retail fund growth

Retirement income products are driving growth in Australia's retail fund market, with funds under management growing by almost 20 per cent in the year to 31 March 2015, research reveals.

HBL’s subsidiary to acquire PICIC Asset Management

The asset management subsidiary of Habib Bank Limited will acquire 100% shares in PICIC Asset Management for Rs4.1 billion, a stock filing said on Tuesday.

Reliance Capital to set up global commodity exchange at GIFT-City

Reliance Capital on Wednesday announced that GIFT, a Gujarat government project, has allotted 5,00,000 sq ft of space in the International Finance Service Centre Special Economic Zone, being set up under the GIFT project, to the company.

FX reserves increases on gains from asset management

The BOK said Korea was the world's sixth-largest holder of foreign reserves in April. China had the largest FX reserves with $3.7 trillion, followed by Japan with $1.3 trillion. The data for China is based on end-March figures.

Henderson acquires IOOF's Perennial

Henderson Group has acquired fund manager Perennial Fixed interest Partners and Perennial Growth from IOOF and has increased its stake in a third investment firm.

PAG close to selling Daimler Japan properties in $800 mln deal-sources

The deal to sell the Mitsubishi Fuso Truck and Bus Corp properties is expected to be finalised in the next few weeks, the people said,

Manulife Asset Management: Cash the culprit in Asia as investment returns fail to match cost growth

Investors losing ground each year as savings grow more slowly than costs due to inefficient asset allocation - excessive cash holdings emerge as the key culprit

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