Managers of Wealth Asia Pacific

“No innovative products in financial services”: Domacom

One of the big growth assets is property

Reliance Capital Q1 Profit Rises 23 Per Cent

Financial sector conglomerate Reliance Capital on Thursday reported an 23 per cent increase in net profit at Rs. 164 crore for the quarter ended June 2014

Affin streamlines asset management, unit sold to Hwang IM in restructuring

The price represents a price-to-earnings of 5.6 times based on Affin Fund’s net profit of RM9.8mil for the financial year ended Dec 31, 2013 (FY13).

Agreement reached to sell luxury hotels to foreign buyer

Sahara group has reached an agreement with a foreign party to sell its three luxurious hotels in London and New York

Offshore yuan usage stays on growth path

18% of China's total trade settled in the currency last year, up from 3% in 2010

Ascalon takes Morphic stake

The transaction was announced to the market this week with the two companies saying Ascalon would be investing in Morphyic’s underlying strategy.

Bitcoin VC Investments Now Targeting Emerging Markets

One of the most important factors that indicate the growth of an industry is the amount of venture capital raised by its companies and startups

Korea’s Teachers’ Pension to set up overseas team

The $11 billion fund is looking to hire overseas investment specialists and is mulling whether to make its first allocation to global hedge funds.

Chinese investors to build $970m luxury hotel and apartments on Gold Coast

China's richest man has committed to invest in a $970 million luxury hotel and apartment development on Queensland's Gold Coast.

India considers allowing Euroclear settlements for only some investors

The discussions on Euroclear had halted in March ahead of national elections.

Reliance Capital Asset Management enters AIF space

Reliance has emerged as one of the key player in the real estate investment space during last three years

Philippines: Bangko Sentral allows banks to sell life insurance, other investment schemes

As a game-changer to the way the banking industry works, banks may now use their premises as a market place for collective investment schemes or products that include mutual funds, unit investment trust funds and variable unit-linked life insurance polici

China Re eyes USD2bn IPO in Hong Kong

China Re's listing plan, which would invite foreign investment into what is now wholly state-owned, comes amid Beijing's campaign to make its sclerotic state-owned enterprises more nimble and transparent.

Manulife signs first bancassurance deal in Macau

Under the bancassurance deal, Manulife’s first in Macau, ICBC will sell the insurer’s life and medical insurance plans, as well as retirement solutions, to its clients through the bank’s 17 branches and four wealth management centres.

Deutsche Asset Management India launches arbitrage fund

The new fund opens from August 13 would invest in arbitrage opportunities that may exist in the equity and derivatives markets.

Mitsui and Tokio Marine agree 25MW Japan PV investment

According to Mitsui, this will be the third such investment fund the two companies have partnered on

Australia’s active fund managers face a growing threat from a “passive investment” revolution

As the David Murray-led financial systems inquiry shines a light on the high costs in the superannuation system, fees paid to active managers are being scrutinised as a way to strip out costs from a pension system considered one of the most expensive in t

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