08/03/2014

COL to distribute PAMI mutual funds

COL disclosed to the Philippine Stock Exchange that, as may be agreed upon by both parties, it may also distribute any mutual fund that may be managed and distributed by PAMI in the future.

07/31/2014

Sumitomo Q1 profit falls 20%

SMFG and peers Mitsubishi UFJ Financial Group Inc (MUFG) and Mizuho Financial Group Inc own substantial stakes in an array of major Japanese companies, so swings in the value of shares have significant impact on the banks' earnings.

07/31/2014

The Most Tax-Efficient Way to Own Gold

For small investors, gold exchange traded funds (ETFs) have emerged one of the favourite ways for taking exposure to the yellow metal without buying it in physical form like bars and jewellery.

07/30/2014

AIA keeps regional expansion strategy

Chief executive and president Mark Tucker said his company had no desire to invest outside the region, where its insurance market covers 16 and terrories and tremendous opportunities are available.

07/29/2014

Newedge embarks on prime broking expansion drive

Agency broker Newedge is developing its stock-lending and equities execution capabilities following its acquisition by Société Générale this year and a global restructuring in 2012.

07/29/2014

China to create regional asset managers to mop up bad debt

The move follows a surge in non-performing loans (NPLs) in recent months, most notably in export-focused regions like the Yangtze River Delta and Guandong, where firms are battling rising costs and weak domestic demand.

07/28/2014

Morningstar boss eyes Asian expansion

Fund research and investment management are areas of focus, with the investment consultancy’s chief executive, Joe Mansueto, bullish on China.