Managers of Wealth Asia Pacific

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.

National Pension sells HSBC tower to Qatar fund

The National Pension Service, South Korea’s pension manager, said Sunday that it sold the HSBC headquarters building in Canary Wharf, London, U.K. to Qatar Investment Authority, Qatar’s sovereign wealth fund last week.

China brokers scout for talent as profits soar

The atmosphere is great. Everyone is really happy.

Asia Ex-Japan Life Insurance Investable Assets To Hit $2.4T In 2015

China will lead the growth and see an upsurge in investable assets of 20.9% in 2014 over 2013, as insurers jump on the bandwagon of highly popular wealth management products by offering universal life products mostly through online platforms.

Hong Kong managers eye real estate

Hong Kong managers are offering up international real estate funds to Asian investors, according to delegates at the latest Opalesque Hong Kong Roundtable.

Move over Tigers, it’s now time for cubs to invest in Indian tech

New Indian investors Steadview and Falcon Edge are offshoots of hedge funds like Tiger Global and DST.

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