Managers of Wealth Asia Pacific

China’s insurers get green light for VC funds

The regulator said that investment capital should concentrate on supporting technology companies, small and micro businesses, and strategic emerging industries.

ICICI Bank out of Russia, trims foreign operations

Lender repatriates capital from its UK, Canada arms over macroeconomic uncertainties, strict regulations and tepid growth opportunities

Outright purchase of GIS

The State Bank of Pakistan through outright purchase of Government Ijara Sukuk injected Rs20.3 billion in the Islamic banking system on Thursday

Moore Stephens loses Melbourne office

Moore Stephens Australia has today confirmed its Melbourne firm will leave the Moore Stephens Network to join a rival international firm.

China, Chile seek enhanced trade, investment

Chile is trying to attract Chinese investors to do PPP when in Chile, with $15.2 billion infrastructure projects under way.

Fund executive turnover on rise in China

Rule changes have led to a rising number of mutual fund managers leaving to set up private vehicles and asset management bosses switching to new investment units set up by brokers or insurers.

RBI may cut rates early next year: C Rangarajan

HYDERABAD: The Reserve Bank of India may go for rate cut early next year as price situation is showing 'definite improvement', former chairman of Prime Minister's Economic Advisory Council, C Rangarajan said today.

Flipkart Closes USD 150M in Funding from Qatar Investment Authority

QIA is a new investor in Flipkart, which valued the company at around USD 11 billion. It has also made investments in companies like Tiffany, Barclays, Credit Suisse and holds a USD 1.2 billion stake in Indian mobile phone carrier Bharti Airtel.

Janus boosts Asia offering with four new funds

Janus Capital has significantly expanded its Asia and Japan offering with four new equity funds.

AMP Capital receives global infrastructure commitment from Ontario Pension Board

AMP Capital has received a US$200 million commitment, with additional co-investment rights, from Canadian pension plan Ontario Pension Board to invest in its global infrastructure strategy.

Western Union Enters Deal With Bank Of China

Western Union's money transfer services will be available at 10,000 Bank of China branches and sub-branches across mainland China from next year.

Reform hopes spur demand for Indian corporate bonds overseas

A few weeks ago, the same lender mopped up $500 million and $200 million in two tranches, but the re spective spreads had narrowed to 176 bps and 166 bps over the five year US Treasury yield.

Japan Banks Eye India Presence For Growth

Japanese banks are betting aggressively on Modi's pledge to restart growth and attract foreign investment

Canada pension fund completes Rs 1,000 cr investment in L&T

Canada Pension Plan Investment Board has completed the investment of the first tranche of Rs 1,000 crore that it had committed to invest in Larsen & Toubro's subsidiary, L&T Infrastructure Development Projects

NRI and Cerulli Associates Predict GPIF to be Unshackled by Japan’s Pension Fund Reforms

Foreign asset managers with compelling, distinctive investment strategies could see more opportunities

Strong growth in insurance and takaful sector expected next year

Malaysia’s insurance and takaful sector is expected to be steady next year, underpinned by low insurance penetration and stable economic growth.

National Australia Bank accelerates UK exit

The latest deal builds on £625m parcel of largely non-performing loans that the bank sold to Cerberus in July.

Japan’s GPIF Moves Toward Replacing President With Board

Japan’s $1.1 trillion pension fund moved a step closer to installing a board of directors to replace the current system in which sole power lies with the president.

KPMG expands social media intelligence capability

KPMG Capital, a specialist data and analytics investment fund for KPMG member firms around the globe, has taken a substantial equity stake in Bottlenose Inc., a Los Angeles-based real-time trend intelligence company.

Mixed investor interest for ICBC's triple-currency preferred shares

The high profile share offering completed last week by Industrial and Commercial Bank of China has received a keen response from Asian investors but has yet to attract foreign interest.

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