07/17/2014
Pepper, Bank of East Asia team up for StanChart's Hong Kong unit-sources
The support of the Hong Kong-based lender would put Pepper in a stronger position to win control of a business which sources have said could fetch between $500 million and $700 million. The other main bidder is Chow Tai Fook Enterprises.
07/17/2014
DBS Bank, HSBC and The Royal Bank of Scotland handled the sale.
07/17/2014
The total amount of money raised via public floats worldwide hit a record high in the first half this year, but that did not spill over into Singapore.
07/17/2014
The new RMB share class in for the JPM ASEAN Equity Fund will be available from 21 July with a minimum investment amount of RMB16,000.
07/16/2014
The HSBC RQFII Chinese Fixed Income Fund launched in Hong Kong is available to both the retail and institutional clients in US dollar, RMB and Hong Kong dollar.
07/16/2014
It is observed that the share of the ING Portfolio Management Services in the total AUM is also insignificant
07/16/2014
Excluding Japan, companies from China accounted for more than half of the $106.4 billion-equivalent of notes denominated in dollars, euro or yen that were sold by Asia issuers in the first half of 2014
07/16/2014
Previously, foreign banks had to market bonds to Taiwanese investors via offshore financial hubs such as Hong Kong, making the process cumbersome for both sides.
07/16/2014
The fund skyrocketed to the top spot in research house Mercer’s performance rankings after hovering at the 120th position in 2013.
07/16/2014
A private equity fund owned by Tata Capital today said it has invested $80 million (about Rs 468 crore) in South India-focussed realty firm, Shriram Properties.
07/15/2014
Ex-Deutsche Bank Analyst Starts Japan Long-Short Hedge Fund
Tokyo-based Zone is targeting its assets to reach 5 billion yen within a year and 20 billion yen in three years, he said.
07/15/2014
The state must let go and encourage more institutional participation
07/15/2014
Geojit BNP Paribas announced Tuesday a sharp rise of 42.81% in consolidated net profit to Rs 235.5 million for the quarter ended Jun. 30, 2014 as compared to Rs 164.9 million in the same period last year.
07/15/2014
Zone hopes to increase Tidal’s assets to ¥5 billion within a year and ¥20 billion within three.
07/14/2014
Industry experts say city brokerage firms must develop their businesses and get extra support from government as fund houses outflank them
07/14/2014
Xiao also plans to start a different fund later in the year, Kok said. Both funds will have a combined $10 million of assets under management, he said, declining to elaborate.
07/14/2014
Harmoney today announced that it was the first lender in New Zealand to reach the standard required to obtain a Peer-to-Peer Lending License as granted by the sector's regulator, the Financial Markets Authority.
07/14/2014
EPF owns about 41 percent of RHB
07/14/2014
The Asian fund passport is a "timely and exciting" initiative says a major US investment fund body
07/14/2014
China's mutual-fund managers' profits have slumped even as assets under management have hit a record high, reflecting Chinese investors' shift to money-market funds and a reluctance to fully embrace the nascent fund industry for the long te