Managers of Wealth Asia Pacific

NAB life insurance sale could reap $1.5bn

The Australian bank’s life insurance unit has been the subject of intense speculation over the past fortnight, with reports NAB has tapped JPMorgan to potentially sell the struggling division.

Village Capital Seeks $94 Million for New Japanese Hedge Fund

Village Capital Pte, run by a former manager at Tiedemann Investment Group, is seeking to raise 10 billion yen by the end of 2015 for a new Japan-focused hedge fund that will be run out of Singapore.

Singapore’s UOB targets Dubai in futures push

United Overseas Bank, Singapore’s third-largest bank by assets, has become the first bank in the Asian city-state to expand its futures business to the Middle East, with plans to become a clearing member of the Dubai Mercantile Exchange.

AIA, MetLife Said to Mull Bids for NAB’s Life Insurance Unit

AIA Group Ltd. (1288) and MetLife Inc. (MET) are among companies weighing bids for National Australia Bank Ltd. (NAB)’s life insurance unit, which may fetch as much as A$1.5 billion ($1.3 billion), people with knowledge of the matter said.

ASEAN’s tallest skyscraper to be completed in six years

Grand Canal Land this week unveiled plans to erect the tallest building in the ASEAN region with the ‘Super Tower’ project in Bangkok’s new Grand Rama 9 central business district.

Singapore’s DBS seeks new insurance tie-up, hires adviser

Prudential Plc also struck an agreement this year with Standard Chartered, agreeing to pay $1.25 billion in fees, to extend its current agreement for 15 years.

Augentius strengthens presence in Hong Kong

Augentius, a London-based independent private equity and real estate administrator, has expanded its offices in Hong Kong.

ICBC to sell RMB bonds in South Korea

The Chinese bank would become the first foreign lender to float yuan bonds there in the capacity of non-resident.

Australia sells A$7 bln 2037 jumbo bond in longest-dated issue

The Australian government said on Wednesday it had raised A$7 billion, double what it had expected, in a new issue of 23-year debt, as investors flocked to the country's longest standard bond on issue.

First State looks to rebalance equity for multi-asset

Only bonds have seen a bit of a pick-up, but even then we are hovering around to slightly below average

Singapore seeks to strengthen REIT market

We look forward to feedback from investors and industry practitioners on the proposals to further strengthen our REIT market

Deutsche Bank China ETF Luring Cash As Buyers Wait

The fund managers running the X- trackers Harvest CSI 300 China A-Shares ETF at Deutsche Asset & Wealth Management are facing a problem their rivals would love to have. They’re luring too much money.

Foreign bourses try to attract Indian firms to list overseas

Data from the World Federation of Exchanges shows overseas listings are yet to gain traction globally and in India

Aviva Investors eyes new real estate markets

The firm singles out Indonesia as an example of a relatively closed market that offers diversification potential amid nervousness over the consequences of Fed tapering.

BNPP structured products platform wins Asia award

Asia Risk Awards 2014: Platform of the Year – Smart Derivatives

China bank to sell yuan bonds first in S. Korea in non-resident capacity

The Chinese bank would become the first foreign lender to float yuan bonds here in the capacity of non-resident.

Li supports offshore RMB market in Luxembourg

Chinese Premier Li Keqiang said Saturday that China supports the establishment of an offshore RMB market in Luxembourg, and the use of national currencies in the two-way trade and investment.

CIMB, RHB to Combine in $22.3 Billion Three-Way Merger

The idea to create a bigger banking group will enable the enlarged entity to widen its regional footprint

Singapore Condo Builders Brace as $19 Billion Due: Asean Credit

Savills Plc predicts refinancing for homebuilders and REITs

Clients demand more from fund administrators

New regulations like FATCA and AIFMD have created both opportunities and challenges for fund administrators

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