Managers of Wealth Asia Pacific

Sebi asks Wasankar Wealth to refund money to investors

Taking strict action against an illegal money pooling activity, market regulator Sebi today directed Wasankar Wealth Management to refund the money it had raised from public

CIMB Group enhances efficiency

CIMB added that the exercise was supported by the board of commissioners

Beijing to Unveil South America Investments

China Premier Li Keqiang to discuss Brazil railway, other infrastructure projects on visit this week

CSOP launching first ChiNext ETF with eye on shorting

The asset manager sees the first ChiNext ETF as a way for bearish managers to short the controversial high-growth Shenzhen board

Hutchison says in talks with VimpelCom on Italian mobile merger

Conglomerate Hutchison Whampoa Ltd , controlled by tycoon Li Ka-shing, confirmed on Thursday it is in talks with Russian telecoms group VimpelCom Ltd about a possible merger of their Italian mobile businesses

Malaysia's Malakoff says open to acquiring 1MDB power assets

Rival power group Tenaga Nasional Bhd is in talks to buy a majority stake in 3B

Showing confidence: Tundra Fonder’s latest fund to invest in Pakistan

A global asset management company, Tundra Fonder, has launched a new fund that will invest in Pakistan among other countries, a company statement said on Wednesday.

Firm paying $245m to 1MDB for right to develop tower

Indonesian developer's deal is latest involving debt-ridden state investor

Hang Seng eyes new funds, currency classes

The Hong Kong bank's head of investment products wants to add thematic funds onto its platform, with a particular eye on oldage industries. The bank also aims to offer more equity products and currency classes.

China clears last muni bond hurdle

China's economy may be slowing, but the country is making progress

Greece invited to join BRICS development bank: gov't source

The invitation came during a telephone conversation between Greek Prime Minister Alexis Tsipras and Russia's Deputy Finance Minister Sergei Storchak, the government source said in a note to the media.

Thai SC Asset targets robust revenue growth on luxury home demand

Thai property developer SC Asset Corporation Pcl said it is aiming for revenue growth of at least 10 percent a year over the next five years

Deutsche Boerse incoming CEO banks on Asia

Lack of growth in its European business has forced the company to seek business opportunities abroad.

Elliott Presses Bank of East Asia in Court Over Share Sale

Family-controlled Hong Kong lender defends $850 million share sale to Japan’s Sumitomo Mitsui

Kazakhstan builds Islamic expertise as Russia ramps up efforts

Faced with being locked out of Western capital markets, Russia has started to develop an Islamic finance industry. Meanwhile, Kazakhstan is trying to position itself as a hub for Shariah-compliant transactions.

China May Give Banks More Sweeteners to Buy Muni Bonds, S&P Says

The notes can also be used as backing to get treasury and local government fiscal deposits.

CITIC Securities' teams up with China Renaissance to serve Internet firms

Well-connected local firms like China Renaissance are seeing a boom as entrepreneur-driven private businesses, particularly in the technology sector, overtake state-owned companies to drive investment banking revenues in China.

Ex-Goldman trader Lim's hedge fund assets hit $500 million

Its assets have risen close to $500 million

Hong Kong Hedge Fund Azentus Gets Smaller

A billion-dollar startup in 2011, assets shrink to near $100 million as investors depart

Generali Asia Completes 49% Acquisition Of Malaysian Insurer

Following the closing, Generali will appoint some of the company’s Directors and key managers.

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