Managers of Wealth Asia Pacific

Qingdao QDLP launch tipped to spark rivalry

Extending the alternative investment programme for foreign fund houses from Shanghai to Qingdao may stir up provincial rivalry, argues an analyst from ZBen Advisors.

Bank of East Asia defends capital raising move after U.S. hedge fund query

Bank of East Asia is issuing the shares under a so-called general mandate

Mongolia shuts down $10mn bond auction after no bids received

Mongolia shut down a $10 million government bond auction on Wednesday after receiving no bids

SA start-up acquired by major Australian bank

Commonwealth Bank of Australia has acquired Tyme, a South African based technology company that designs, builds and operates digital banking ecosystems.

Bank of Maharashtra launches deposit scheme for high networth individuals

HNI customer can also avail of higher transaction limit on his or her ATM-cum-debit card

Chinese investors are going crazy for London's office space

Overseas investors have gone crazy for Britain's burgeoning property market over the last few years, especially in the aftermath of the credit crisis, which left a bulk of office space empty as financiers in their thousands cleared their desks.

Australian fund Perpetual expresses caution about bank valuations

Australian fund manager Perpetual Ltd said it is cautious about investments in the country's major banks after valuations soared on the back of strong earnings and high dividend payout ratios.

DLF to raise Rs 3,000 crore via divestment, joint ventures

Realty major DLF plans to raise over Rs 3,000 crore through divestment or joint ventures in certain projects and will form two Real Estate Investment Trusts next fiscal as part of its strategy to improve cash flow and reduce debt.

Chinese banks bulk up in London’s commodity sector

ICBC’s purchase is the latest foray by a Chinese entity into London’s commodities market, as such banks see an opportunity to service Chinese clients who produce and consume the bulk of the world’s resources as western banks withdraw fro

Kaisa Sequels Coming to China’s Banks Amid Corruption Web

President Xi Jinping’s graft crackdown, described by state media as the harshest

Standard Chartered targets wealthier customers in retail bank revamp

Standard Chartered Plc will shift its retail banking focus to affluent clients from ordinary customers and urge them to bank online as part of a broader restructuring led by embattled CEO Peter Sands

EPF to increase foreign investments

The pension fund also declared a dividend rate of 6.75%

Korean Banks Rushing to Southeast Asian Markets

Shinhan Bank is planning to expand its sales networks in Asia to the Philippines from Vietnam, India, Singapore, and Myanmar.

Chinese Property Pairing of Kaisa and Sunac to Face Additional Hurdles

Sunac China Agreed to Bail Kaisa Out Last Week

UAE, China Discuss Stronger Economic Cooperation, Strategic Partnership

Al Jaber also held meetings with other senior Chinese officials

Al Masah’s private equity business expands in the UAE South East Asia

With growing presence in Singapore and Malaysia, the company is now looking at Indonesia for private equity opportunities

Fund managers throw support behind IOF team

BT Investment Management fund manager Julia Forrest said the investment house regarded Investa Office Fund as “outstanding” and praised its management

New York hotel sells for $2 million a room

A New York hotel which has not even opened yet has been sold to Chinese investors for US $230 million

China Finance Online announces integration of Changjiang Securities on its Securities Master

Changjiang Securities trading system has been integrated into China Finance Online's Securities Master platform

ISB launches centre for family business

Called the Thomas Schmidheiny Centre for Family Enterprise, it will be headed by Professor Kavil Ramachandran

Alternative Investments