07/21/2015
BlackRock steps up China drive with new license to raise onshore funds
U.S. fund giant BlackRock Inc has won a special new licence that will allow it to raise funds in China directly for the first time
Alternative Investments
07/21/2015
Swiss Asia Adds 17 Hedge Funds as Assets Reach S$2.5 Billion
Swiss-Asia, which on average added one fund per year during the 10 years since its inception in 2004, is benefiting after the Monetary Authority of Singapore in 2012
07/21/2015
New Zealand Super hails sea change in ESG observance
Private equity has seen the most change and it has become very common for asset owners to integrate ESG factors into their selection process, says NZ Super's
07/21/2015
K2 Asset Management launches new fund
Mr Neal added that the fund has a “trust structure” as opposed to a close-ended LIC structure and would be actively managed.
07/21/2015
BrisConnections $1.5b sale to hit the road
The sale required months of negotiations with BrisCon's lenders to get them to agree to a standstill agreement in an effort to ensure the auction's integrity. A "yes" vote was finally attained last month, as revealed by Street Talk.
07/21/2015
Change in ownership at Bank of Baroda Pioneer MF
Global merger to introduce Santander, others into the mix
07/20/2015
NPS to invest W1 tril. in hedge funds
The NPS is focusing more on diversifying its portfolio into a wide range of asset categories, both domestic and international.
07/20/2015
IOOF set to merge two licences
A number of well-known financial planning groups will relinquish their licences, with advisers set to move across to other groups
07/20/2015
Japan's pension fund flexible on reaching new asset targets
Pension fund in no rush to move mechanically on buying more domestic bonds if redemptions push weighting below goal, says chief executive
07/20/2015
UTI rolls out Indian equity fund
UTI International Singapore said the fund is designed to mirror the firm’s best performing equity strategy by focusing on industries with stable and secular growth prospects, high revenue and profit growth.
07/20/2015
Private equity funds join hands for big-ticket deals in India
The co-investment model works better in larger deals, which may often involve a controlling stake
07/20/2015
Broadridge sells investment management platform to Asian hedge funds
Broadridge’s integrated solution features order management, portfolio accounting, compliance, a central data warehouse, shadow NAV generation, a mobility feature and performance management capabilities.
07/20/2015
Nikko’s new global equities fund driven by demand
Nikko Asset Management Australia will release a new international equities funds driven off the back of investor demand and resourced from its boosted international equities team.
07/20/2015
IAG NZ merging three insurance businesses into one
IAG would have the same obligations as AMI and Lumley had under the policies.
07/20/2015
Sundaram Asset Management Company eyes Rs 40,000 crore AUM by FY18
We are looking at launching five funds in the country over the next three years
07/19/2015
Hong Kong hedge fund reprimands AMP Capital over China fund performance
LIM Advisors, a $2.7 billion Hong Kong-based hedge fund, has demanded AMP Capital bring forward a review of its underperforming China A shares fund or face a revolt.
07/18/2015
Samsung's $8 billion merger exposes broader investor concerns
The battle centered on the $8 billion merger of two Samsung affiliates, Samsung C&T and Cheil Industries.
07/18/2015
Future millionaires bet on PH stock market
An asset manager says of all the countries in the world, the Philippines offers first-time investors the best opportunity to become millionaires.
07/17/2015
Unions call for merger of four insurance PSUs
These four companies were created after the general insurance business was nationalised in 1971.
07/17/2015
AZ NGA acquires $180m CBA advice firm
AZ Next Generation Advisory has acquired a 51% stake in Lifestyle Financial Planning Services, which was licensed through Commonwealth Bank dealer group Financial Wisdom.