Managers of Wealth Asia Pacific

VCAP Asset Managers launches fund to invest in blue chips

VCAP Asset Manager's total asset under management is slightly over RM4 billion

Oversubscribed Netccentric to raise $12.5m

Digital media and blogger advertising firm Netccentric will raise $12.5 million when it floats on the ASX today, well above the $10m it initially hoped to raise.

China Huarong Files Listing Application for Hong Kong IPO of Up to $3 Billion -- Update

A listing application is the first step toward getting approval from the Hong Kong exchange for an IPO.

KV Kamath reduces stake in ICICI Bank, sells more than half his holding

During the previous financial year, Kamath sold stocks worth about Rs 54 crore, according to ET calculations based on data in ICICI Bank's annual report.

Shaw Stockbrocking rebrand ups adviser support

Our priority right now is to ensure we have the right mix of personnel and services for our clients

Coinbase Positioned to Grow Bitcoin Presence in Australia after Investment by Westpac

Coinbase’s Series C funding round, participated in by Westpac, raised $75 million USD in January 2015, from large financial organizations and venture capital firms including Spanish bank BBVA and Fortune 500 financial services group USAA.

China stock brokers set up $19 billion fund to stem market rout

The 21 brokers led by Citic Securities will invest the equivalent of 15% of their net assets as of the end of June, or no less than ¥120 billion in total

China Minsheng Investment Corp opens Singapore unit

The Singapore unit will invest in companies in South-east Asia and North America, said Laurence Liao, chief executive of CM International Holding, adding that it already has at least one deal in the pipeline.

Fired up over coal deal

As the newly crowned president director of Golden Energy and Resources, a subsidiary of the Sinar Mas conglomerate, Mr Fuganto Widjaja is leading the charge to wrest back control of Indonesian assets in a troubled venture.

China fund association calls on managers to back market

As the government attempts to boost the stock market in various ways, China's fund industry association issues some supportive words of its own. But foreign analysts suggest the authorities will struggle to maintain the market's momentum

Mint Asset Management Wins Active NZ Equity Mandate from NZSF

The other mandate in active New Zealand equities is with Devon Asset Management.

Bank of China marks bond listing on Nasdaq Dubai

The two billion renminbi issuance was one of a tranche of bond issues made last month by Bank of China

Challenger enters strategic partnership with Janus

The founders already had a relationship with Gross via PIMCO, and had been looking to further expand their US presence after establishing California offices in 2013.

Apollo Global Management, Baring Asia frontrunners in race for Religare; deadline for final bids by month-end

The final bids were to be submitted on Tuesday but the deadline has now been pushed till the end of the month, said multiple sources aware of the ongoing negotiations.

ANZ’s Hanrahan banking on more inbound M&A

Hanrahan was appointed head on Thursday, replacing Bruce Nettleton

China's Africa equity fund to reach 5 bln USD in 2015

CAD Fund was set up in 2007 to diversify the financial vehicles that facilitate Chinese investment to Africa.

CIMB’s separation scheme costs RM443mil

Job cuts in Malaysia and Indonesia will bring about savings of RM292mil a year

China Zheshang Bank Plans $1 Billion IPO in Hong Kong

Chinese banks have been raising funds to conform to tighter regulatory requirements

BNP Paribas Investment PArtners Launches China 'A" Shares Index Fund

BNPP IP was among the first asset managers in the Eurozone to be granted RQFII status

Global fund groups are first movers in mutual recognition

Both JPMAM and Invesco will be relying on bank distribution to market their MRF funds to local investors, while HSBC GAM can call on its extensive branch network

Alternative Investments