Managers of Wealth Asia Pacific

SGX to launch bond trading platform

Singapore Exchange has announced its intention to launch a bond trading platform by mid-2015.

Nest And Asian Insurance Giant AIA Launch Startup Accelerator In Hong Kong

Hong Kong’s close proximity to manufacturing hubs like Shenzhen, China, and its small but growing startup ecosystem will make it a fertile growing ground for wearable tech startups.

SummitView Capital raises $1.7B private equity fund with Shanghai government for chip investments

The signing ceremony took place on Monday and was chaired by Shanghai’s vice mayor, Ai Baojun, and the vice secretary of the Shanghai government, Dai Haibo.

Lower profits deterring M&As in insurance business

While there is no regulatory bar on mergers and acquisitions in the insurance industry, lower profitability, delay in achieving breakeven point and divergent valuation expectations are some of the issues that are coming in the way of M&As in the insur

Kotak Mahindra Bank to foray into general insurance business

Will have to apply for licenses from Irda and the approval process is expected to be completed by the end of June quarter next year

Top insurance broker JLT to launch India ops next month

This is the first investment by a global firm following the global financial crisis.

Ex-Permal Emerging Markets Head Plans Asia Fund Of Funds

The firm is still awaiting approval from the Monetary Authority of Singapore

Crown boss Iwan Sunito looks for synergy with Asian funds

Crown also hopes to develop overseas, particularly in Bali

Blackstone to float core PE strategy

Blackstone is already notable for its diversified model

Meet Convergence Accel, Indonesia’s newest venture capital firm

Last week Jakarta’s newest venture capital firm Convergence Accel announced its first investment in Female Daily Network

The federal government will reap $5.7 billion from the sale of Medibank Private

THE federal government will reap $5.7 billion from the sale of Medibank Private, making it the biggest privatisation of a public asset since Telstra.

Russia Looks East, Opening its Markets to Singaporean Entrepreneurs

Russia, the largest country in the world by land area, is looking East, as relations with Its European and North American neighbours deteriorate in the face of events in Ukraine, with Ukrainian separatists allegedly backed by Russia.

Allianz Australia to acquire TIO general insurance business

Allianz will maintain TIO's community sponsorship programs, such as the TIO Stadium in Darwin, TIO Traeger Park in Alice Springs and the CareFlight TIO Rescue Helicopter.

US insurer Allstate Corporation plans $1 billion expansion in India

Currently, over 4,500 technical experts in India work for Allstate either directly or indirectly through various service companies such as Infosys.

Godrej Properties opens first overseas office in Dubai

With the opening of this new representative office, GPL will engage directly with the Indian diaspora located across the GCC market.

China on course to become UAE’s biggest trading partner-minister

Shaikh Mohammad opens inaugural Boao Forum for Asia Financial Cooperation Conference

China's ICBC to set up offshore yuan centre in Los Angeles

The move to create an offshore RMB centre in the largest state in the United States would lay the foundations for greater yuan trade with China, ICBC said in a statement.

Lloyd's of London grants China its first insurance syndicate

The Lloyd’s of London insurance market has granted a Chinese firm the right to own an underwriting syndicate for the first time in the market’s 326-year history.

ANZ Investments named Fund Manager of the Year

ANZ Investments also won the FundSource KiwiSaver Manager of the Year Award, as well as winning the sector award categories for Listed Property and International Equities.

Kotak Mahindra to buy ING Vysya Bank in $2.4B all-stock deal

It is the second-biggest M&A in Indian banking space ever.

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