Managers of Wealth Asia Pacific

Indian VC fund buys minority stake in luxury watch retailer Ethos

Sixth Sense Ventures, a Rs 250-crore consumer centric domestic venture fund, has picked up a minority stake in luxury watch retailer Ethos for an undisclosed sum

HS Group to form strategic partnership with ex-BlackRock, Macquarie Team

HS Group has made its second investment, in a hedge fund to be founded by Christopher Lee and Burke Lau.

ICICI Prudential Asset Management Company's real estate fund raises Rs 600 crore

ICICI Prudential Asset Management Company has raised over Rs 600 crore through its real estate fund, according to two sources familiar with the development.

Liquidators try to bankrupt LM’s founder

Liquidators to an LM Investment Management fund are attempting to bankrupt Gold Coast property spruiker Peter Drake, in order to stop him selling assets allegedly purchased using investor funds.

Citic Bank Buys BBVA’s Stake in Financial Unit for $1.05 Billion

BBVA, Spain’s second-biggest bank, said last year that it sold 5.1 percent of Citic Bank to parent Citic Group Corp

CPI Financial: KFH Best Islamic Bank in the World

He indicated that KFH spares no effort to maintain its leading position as the best and largest Islamic bank

Shariah-compliant REITs could be a reality by 2015

For the first time ever, with eyes firmly planted on lucrative investments from the Middle East, many real estate developers are planning to launch Shariah-compliant REITs, or real estate investment trusts.

BDO buys largest rural bank By Julito G. Rada | Dec. 23, 2014 at 11:01pm

ONB had total assets of P28.1 billion, net loans of P19.7 billion and deposits of P17.9 billion as of Sept. 30, 2014.

Sharjah keen to attract Indian investments

Seeking to promote Sharjah as an investment hub, a business delegation from the emirate has held discussions with top Indian investors and industrialists.

Standard Life Investment Expands Global Footprint

The business now manages over £240bn of assets and has increased its operational and client servicing footprint, with further investment planned to support continued growth.

Pension, sovereign funds eye Mumbai’s commercial complex

Global pension and sovereign funds including Canada Pension Plan Investment Board, APG, Abu Dhabi Investment Authority are in talks with private equity firm Milestone Capital to acquire 1.12-million-sq-ft commercial property 247 Park in Mumbai

CDL sells Sentosa cash flows in Asia first

Singapore’s City Developments has sold the rights to present and future cash flows from a luxury development on Sentosa Island in a securitisation that is thought to be the first of its kind in Asia.

Wealthy nations tap fast-growing, emerging economies for entrepreneurship

China will remain the focus for Taiwan’s ETF space

Galvanised by a recent rally in China’s onshore equity market, Taiwan’s A-share-linked ETFs notched up significant uptakes in subscription and turnover in early December.

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.

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