Managers of Wealth Asia Pacific

Chinese, HK fund managers start to apply for mutual recognition

Ensuring investors are fully aware of the different features of funds in the two jurisdictions would be another challenge

Chinese Developer Chiwayland enters fund management business

Chinese property developer Chiwayland International has entered the fund management business, with a new license that allows private investors to access its real estate fund.

BHSI expands into New Zealand

Berkshire Hathaway Specialty Insurance has expanded into New Zealand after receiving a licence from the Reserve Bank of New Zealand.

Capital Group eyes Asia retail business

The US asset manager is looking at servicing retirement needs in Asia by building a regional retail investment business, Capital Group chairman Jim Rothenberg tells AsianInvestor.

Choose your China entry point now, fund groups told

While mutual recognition is being launched tomorrow, consultants have highlighted the panoply of alternatives. These could include an expanded QDLP, a liberalised QDII and the popular WFOE structure.

Van Eck lists gold miners ETF on ASX

Van Eck Global will list the world's largest gold exchange traded fund in the ASX so investors can access global gold mining companies of all sizes.

China to transfer $322 billion in pension funds to NSSF

Reuters cited industry sources as saying that China’s State Council would transfer local pension assets to the NSSF.

China’s Banks Taking on the Old Guard Win in Asia’s Bond Markets

Chinese banks, encouraged by Premier Li Keqiang’s “going-out” strategy, are rocketing up the international bond arranging league tables in Asia

Milford invested funds in beleaguered Australian law firm

Milford Asset has funds invested in beleaguered Australian law firm Slater & Gordon

Mutual recognition to turn HK into global fund management hub

The mutual fund recognition agreement between Hong Kong and the mainland kicks off on Wednesday.

Philrealty eyes new pillars of growth outside real estate

UPSCALE property developer Philippine Realty and Holdings Corp. is diversifying into energy, healthcare, education and financial services businesses to hedge against any potential downturn in the real estate cycle.

Deepak Parekh's son, Aditya's Faering Capital to raise Rs 1,800 crore in second fund

Our policy of capital protection is very important to us rather than a 10-fold returns

GE to sell European private equity financing unit to SMBC

The portfolio carries a wider spread margin than most corporate loans

Mitsubishi UFJ Considers Buying Asian Bank Similar to Thai Unit

Two years year after spending about $5 billion buying a Thai bank, Mitsubishi UFJ Financial Group Inc. is looking for a similar Asian investment.

Scary start for boutique fund manager

The belief is that big companies were once small companies and if we can find an undervalued growth company then there's a big opportunity ... Mike Taylor

Germany’s BMW among suitors for $6.4b ANZ car finance unit -Source

Germany’s BMW AG, Australia’s Macquarie Group and a host of US private equity firms are expected to bid for Australia and New Zealand Banking Group’s more than $6 billion car and equipment loan book, a source said on Monday.

Fund manager launches philanthropic company

This would mean the company can donate one per cent of net tangible assets every year

China Construction Bank and Euroclear sign MoU to foster offshore RMB growth

The MoU commits both parties to fully cooperate in developing and distributing offshore RMB financial products

Manulife; Alternative Investments; IPO; Real Estate;

Canada's Manulife seeks to raise $421 mln in Singapore IPO of U.S. assets

Manulife Arm Proceeds With Planned Singapore IPO of U.S. Assets

Manulife Asset Management plans to start taking orders next week for up to $450 million offering