04/20/2015
RCBC Philippines, UAE Exchange tie up for FLASHRemit
UAE Exchange, the leading global money transfer, foreign exchange and payment solutions brand, has tied up with Rizal Commercial Banking Corporation, to offer FLASHRemit services.
Alternative Investments
04/18/2015
Bank Negara and Bank of China renew bilateral currency swap deal
The renewed bilateral currency swap arrangement reinforces the ongoing commitment by both central banks in promoting the use of local currencies for payment settlement, BNM said in a statement today.
04/16/2015
Branded Homes Make Waves Among the Elite in India
From Giorgio Armani to Donald Trump, India is increasingly attracting celebrities, designers and major brands to team up with developers on homes, as wealthy Indians seek more elaborate properties.
04/15/2015
Fund managers told to prepare for postRQFII future
Chinese fund managers in Hong Kong have been warned that Stock Connect and global competitors will erode their RQFII position, so they need to boost their skills to offer clients valueadded services.
04/15/2015
Malaysia’s EPF cashes in on UK property asset
Malaysia’s Employees Provident Fund has made its first property disposal in the UK, after it reached a sale and purchase agreement that will see it divest from its London-based One Sheldon Square asset.
04/15/2015
Asia Alternatives Announces Fund Closings of over US$1.8 billion
Asia Alternatives, one of the largest independent Asian private equity fund-of-funds, today announced the final close of over US$1.8 billion in new commitments across Asia Alternatives Capital Partners IV, LP and its related fund vehicles.
04/15/2015
Standard Life fund added to Macquarie Wrap
Global asset manager Standard Life Investments’ Absolute Return Global Bond fund has been added to the Macquarie Wrap platform
04/15/2015
Netwealth unveils managed account offering
Netwealth has launched a managed account services offering which it says will provide cost-reduction benefits for financial advisers
04/15/2015
Bid for Indonesian Miner Pits Rothschild Against Banker Hannam
ACE is considering making a 41 pence a share offer to acquire ARMS
04/15/2015
Middle East investors snapping up property in Pakistan
Property market growth has been stronger in the capital
04/14/2015
Broker accounts surge as mainland punters sign on
The number of new brokerage accounts has soared 10 times, with many mainlanders opening one directly in Hong Kong.
04/14/2015
HDFC Property Fund invests in new deals, to raise another fund
The fund has has closed three transactions with developers in Mumbai, Pune and Chennai
04/14/2015
RBC completes first cross-border payment on new trading hub
The cross border bank-to-bank payment follows the inauguration ceremony of Canada's RMB Trading Hub, held in Toronto on March 23. At the ceremony, RBC, alongside other Canadian banks and government delegates, signed a Memorandum of Understanding with
04/14/2015
Invesco China JV raises $1.77 bln for investment via Stock Connect
According to comparative data from fund consultancy Z-Ben advisors, this marks the second-largest fund-raising by a Chinese mutual fund
04/13/2015
Mainland funds shut up shop amid Hong Kong rally
New subscriptions for several mainland Chinese investment funds focussed on Hong Kong-listed stocks have come to a halt as southbound investors continued to snap up high-flying offshore Chinese stocks.
04/13/2015
iShares launches China A share tracker
BlackRock has launched a China A-share exchange-traded fund for international retail and institutional investors.
04/13/2015
GE Capital global sale unlikely to hit Australian consumer benchmark
The value of the finance arm that GE will continue to own and operate will drop to about $US90 billion
04/13/2015
China's Greenland raises debt online with Alibaba affiliate
The money will fund a redevelopment project
04/13/2015
Deutsche cuts China ETF fee as BlackRock enters market
Competition among exchange-traded fund providers offering exposure to Chinese shares has heated up as iShares, the world’s largest ETF provider, enters the market and Deutsche Bank’s ETF arm plans to cut its fee on a rival product.
04/13/2015
Mirae Asset Funds Win 2015 Lipper Fund Awards
The Lipper Fund Awards program honors funds and fund management firms that have excelled in consistently delivering strong-risk adjusted performance