01/18/2015

Global players exiting Indian mutual fund sector

While the total assets of the Indian mutual fund sector rose by a hefty 26pc in 2014, breaching the Rs11trn-mark for the first time, international fund houses are gradually exiting the sector, selling off their assets to Indian funds.

01/15/2015

Kasikorn AM building cross-border business

Thailand’s biggest asset manager has seen a sharp uptick in flows into its foreign feeder funds and is working on building teams with a view to launching Asean products.

01/13/2015

More foreign banks want to enter PHL

Foreign banks are starting to line up with a view to setting up shop in the Philippines after the entry and scope of operations of more banks have been liberalized,

01/13/2015

Hong Kong billionaire relocating firms to Cayman

One of the world’s richest men and most generous philanthropists, Li Ka-shing, regularly part of the Fortune 500 list of billionaires and Hong Kong’s wealthiest businessman, is shifting his business empire to the Cayman Islands.