05/29/2015
Sahara group says not bidding for Grosvenor House hotel
With its prized property, Grosvenor House, put on sale by lender Bank of China for a loan 'default', crisis-hit Sahara group led by Subrata Roy...
Alternative Investments
05/29/2015
1MDB partners pump US$1 billion into troubled strategic fund
Troubled 1Malaysia Development Berhad's (1MDB) Middle East partners will inject US$1 billion into the debt-laden strategic fund for early repayment of a US$975 million syndicated loan led by Deutsche Bank, the Finance Ministry said today.
05/29/2015
Overnight millionaire: Record penthouse deal nets 26-year-old property agent $1.5m
The deal would have reaped PropNex agent Shirley Seng a commission of about $1.5 million
05/28/2015
Nomura launches USD and EUR-hedged JPX-Nikkei 400 UCITS ETFs
The ETFs are listed on the London Stock Exchange and are available to investors in key European markets.
05/28/2015
Investec AM exploits RQFII licence for double China fund launch
Investec Asset Management is exploiting flexibility offered by the Renminbi Qualified Foreign Institutional Investor (RQFII) rules to launch China-focused equity and bond funds
05/28/2015
GO Scale Capital and Philips Choose Bank of China as Mandated Lead Arranger and Sole Bookrunner of $1.93 Billion USD Debt Facilities to Finance Acquisition of Majority Interest in Lumileds
This business will continue under the name Lumileds.
05/27/2015
CIMB-Principal Eyes RM300 Million In Sales From New Fund
The fund can be purchased at a minimum subscription of RM10,000 while the additional investment is RM5,000.
05/27/2015
RAM Active Investments has appointed Nexus Investment Advisors
RAM Active Investments has appointed Nexus Investment Advisors Limited as manager of RAM ASIA BOND TOTAL RETURN FUND (previously known as SAMENA GLOBAL FUNDS - CREDIT OPPORTUNITIES FUND), keeping in place the same investment team since the fund’s i
05/27/2015
Assets under portfolio management schemes double in a year
The broad-based rally in the stock market last year has sparked fresh flows into equity products designed for rich investors
05/27/2015
Hong Kong Opens Door to Renminbi Internationalization and Asian Asset & Wealth Management Benefits
Canadian businesses and the financial services sector can learn about the newest opportunities in the areas of renminbi (RMB) internationalization at the upcoming "Think Asia, Think Hong Kong" conference in Toronto on June 8th
05/27/2015
Chinese real estate investors looking beyond Sydney and Melbourne
Property investors and developers from China are targeting cities and regions in Australia beyond the ‘gateway’ cities of Sydney and Melbourne.
05/27/2015
FPI brand will live on after Aviva merger
We don’t see any major impact of running the brands in parallel
05/26/2015
CalPERS in $790 million QIC Asia infrastructure tie-up
The agreement between CalPERS and QIC, one of Australia’s largest institutional investment managers, will seek to invest in assets across sectors including water, power, transportation and energy.
05/26/2015
Nasdaq taps China demand for hi-tech stocks with ETF
GF Fund Management has launched Shenzhen’s first ETF tracking the Nasdaq-100 Index, amid recent euphoria in the Mainland’s innovation-led small-cap equity market.
05/26/2015
Crescent slices Cardno
Crescent Capital has snared an 18.74 per cent interest in the Queensland-based services company Cardno, setting the stage for another takeover tussle in the sector.
05/26/2015
Underused Connect hampers HK's bid for RQFII quota
China's regulators want to see more use of Stock Connect before they will be willing to grant Hong Kong additional RQFII quota, a senior market watcher tells an AsianInvestor forum.
05/26/2015
China's private sector looks for property upside Down Under
Private mainland players look to Australian commercial real estate for opportunities as competition and consolidation take toll at home
05/26/2015
This $30 million Australian venture capital fund is on the hunt for 10 new expanding companies
Australian venture capital outfit Blue Sky will close out its second major fund this week, raising more than $20 million as it looks to hit $30 million by the end of the year to invest in startups and companies on the rise.
05/26/2015
ANZ enters fast growing ETF market
ANZ has become the first of Australia's big banks to enter the exchange traded fund market with the launch of six funds in partnership with ETF Securities.
05/26/2015
China Extends Yuan Clearing Network, RQFII Program to Chile
China named its first clearing bank in Latin America and extended a program to invest in the world’s second-largest economy as it intensifies efforts to increase the currency’s global usage