05/25/2015
Centre keen to get more banks, insurers in IFSC
Financial services secretary has urged chiefs of banks and insurance firms to use facilities in GIFT City.
Alternative Investments
05/25/2015
US boutique to establish beach-head in Australia
US boutique fund manager Ariel Investments will open its first offshore office in Sydney and has named a former AXA Rosenberg executive to head up the local operation
05/25/2015
Old Mutual rethinks China sales strategy
Old Mutual targeted high net-worth customers in China, giving it just 100 000 clients
05/25/2015
Frasers Centrepoint lists seven-year retail bonds on SGX
This is the first retail bond offering by the FCL group. It will trade under the stock code “AXXZ”
05/25/2015
Hedge Funds Win Through Stock Connect
Trading link between Shanghai and Hong Kong creates opportunity for outsize returns
05/25/2015
China Creates Gold Investment Fund For Central Banks
President Xi Jinping said earlier this year he hoped annual trade with the countries involved in the increasingly important modern Silk Road would surpass $2.5 trillion in a decade.
05/25/2015
Zodius Capital Raises First Round Of Its Second Fund
The $500 Mn fund was launched in last year along with Alternate Asset Management, a subsidiary of Avendus Capital.
05/25/2015
JLT India to hire 300 for Pune office
The Pune office will provide services to JLT Group’s global Employee Benefits businesses, as well as support the Group with Applications Development services.
05/24/2015
China delivers ‘holy grail’ to asset managers
Beijing’s move to give international asset managers greater access to Chinese investors has been hailed as the “holy grail”
05/24/2015
China sets up largest gold fund
A gold sector fund involving countries along the ancient Silk Road has been set up in northwest China's Xi'an City during an ongoing forum on investment and trade this weekend.
05/24/2015
Malaysia welcomes Japan’s proposal to provide Asia with US$11b infrastructure financing
Malaysian companies would be able to capitalise on these additional sources of funding, it said.
05/24/2015
Activist hedge funds have family-run banks in their sights
Bank of East Asia's fight with activist fund revives debate of how long banking dynasties can exist
05/24/2015
Hanergy secured $200m loan ahead of solar group stock tumble
The loan is the latest in a series of corporate loans involving British Virgin Island entities owned by HTF’s parent Hanergy Group, a Financial Times investigation has found. Through its BVI transactions, Hanergy pledged billions of shares in HTF &a
05/22/2015
Australian bank eyes India, China for commodities trade growth
A recent entrant in Asia's commodities markets, Australia's Westpac Banking Corp is ramping up to take advantage of a commodities "supercycle" that it says has at least another 30 years to run.
05/22/2015
China Embraces Foreign Bond Investors
Central bank accelerates approvals for overseas participants in country’s debt market
05/22/2015
Hedge fund manager Kyle Bass deploys big data algorithms to sink pharma patents
His latest target is Horizon Pharma's Vimovo, which combines anti-inflammatory and stomach acid-reducing medications.
05/22/2015
NPS revamp Panel for removing cap on equity, suggests new asset classes
The NPS has cumulative assets under management worth Rs 83,917.12 and 91,21,588 subscribers by April 30, 2015.
05/22/2015
Old Mutual Targets 800 Million China Labor Force in Sales Revamp
It intends to broaden that to online and direct-sales channels, Ralph Mupita, chief executive officer of the insurer’s emerging markets business, said in an interview.
05/22/2015
China Opens Door to $97 Billion of Fund Sales Via Hong Kong
China and Hong Kong will start cross-border sales of funds on July 1, widening access to financial markets and capital in the world’s second-largest economy.
05/22/2015
US asset management firm becomes Nintendo's top shareholder
Capital Research manages foreign pension funds for mid-to long-term investments