Managers of Wealth Asia Pacific

Pakistan high growth to boost UAE business ties

Pakistan's high growth and economic expansion will boost its business relations with the UAE and globally during fiscal-2015.

GPIF to Speak on Hiring as Fund Seeks Money Managers

Japan’s Government Pension Investment Fund may use a private seminar next month to inform potential job applicants as part of its efforts to recruit professional money managers to the world’s largest investor of retirement savings.

ING Vysya Bank staff concerned over merger with Kotak

Employees and officers of ING Vysya Bank today expressed concerns over their future post merger with Kotak Mahindra Bank which will come into effect from April 1, 2015.

Taiwan’s NPIF outperforms benchmark

The National Pension Insurance Fund, Taiwan’s fundamental social protection scheme, hit its investment target by delivering an annualised return of over 6% for the first 11 months of 2014.

Mutual Funds' bull run to stay

The total assets under management of equity mutual funds has swelled to Rs3.15 lakh crore at the end of November 30, 2014 from Rs1.82 lakh crore during the beginning of this year.

Union Bank of India mulls expansion in wider GCC

Lender encouraged by UAE operations and NRI business

Malaysia eases restrictions on RI banks

Malaysia has finally agreed to ease restrictions imposed on Indonesian banks

Across the world: Islamic banking assets cross $2t

The year 2014 proved remarkable for Islamic banking and finance industry across the world.

Investors focus on international funds; hope for a strong dollar and rejuvenated US economy

The prospect of a strengthening dollar against the rupee amid improvement in the US economy is expected to draw fresh flows into domestic mutual fund schemes investing in American stocks.

Indian markets surge in 2014 on hopes Modi will revive growth

This is not to take away the effort of the Reserve Bank of India that took some hard and quick measures to save the economy from high inflation and a weak rupee. This is not to take away the effort of the Reserve Bank of India that took some hard and quic

LIC launches co-branded credit card with UAE bank

The partnership of the two companies began in January 2013

Japanese newspaper makes bold claim about Mt Gox's giant 2014 Bitcoin loss

That can, and has, happened with centrally managed currencies, as for example in Zimbabwe in 2009.

Specially Built ‘Sky Garages’ For Cars Provide Ultimate Convenience

Despite the hefty price tag to own or rent such an apartment, when the structure was built, offering tens of thousands of square meters of living space for those who could afford it, the designers had a big problem, parking!

China Developer Kaisa’s Bonds Plunge After Loan Default

Bonds of Kaisa Group Holdings Ltd., a developer based in the southern Chinese city of Shenzhen, plunged to record lows after the resignation of its chairman triggered a default on one of its loans.

Investors forecast to invest USD90bn into hedge funds in 2015

Despite a lackluster year for hedge funds in 2014, research firm eVestment said wealthy investors are set to invest at least USD90bn into hedge funds in 2015

Companies tap Hong Kong share market for US$66b in best year since 2010

Companies sell US$65.7 billion in shares this year, while dim sum debt issuance soars to US$53.6 billion as mainland financial firms lead way

Reliance Mutual Fund gets tax department nod for pension scheme

This is the first pension fund offering equity-oriented option

Alibaba Options: Ownership Benefits With Less Risk

So the investors don’t actually own any shares of Alibaba but only have a claim on the profits.

Economy better but banking sector subdued, says RBI report

Economic growth will remain muted this year

UBL Funds Gets Corporate Excellence Award 2014

They are the First and Only Asset Management Company* to have received this award

Alternative Investments