Managers of Wealth Asia Pacific

National Australia Bank weighing sale of life insurance unit

Melbourne-based NAB is likely to test potential buyer interest for the life insurance unit before deciding whether to launch any formal sale

Malaysia Tigers Chase Singapore Lions In Yuan Race

Malaysia and Singapore’s governments, competing for a share of bond issuance in a globalising Chinese yuan, are finding big-cat branding alone isn’t enough to challenge the dominance of Hong Kong.

Mizuho Said to Selling $1 Billion in Buyout Fund Stakes

Mizuho decided to sell the stakes because of the Volcker Rule

Hedge Funds Keen on China Exchange Link, Goldman Sachs Says

Investors have been betting the link will help narrow the pricing gap between the two exchanges.

Malaysian asset managers move closer to passported funds

The CIS is the first of three competing fund passporting frameworks to go online in the region

Nomura sets up private equity JV in Shenzhen

The partnership will seek to raise funds from high-net-worth-individuals (HNWIs) and institutional investors both locally and overseas

China Opens Gold Market to Foreigners Amid Price Ambition

China, which overtook India as the biggest bullion buyer in 2013, wants to establish a benchmark price in Asia

Britain's City Financial to double HK staff with new fund - CEO

Launching a second fund is significantly simpler now that we're already here

Harvest Global setting up London launchpad

Pending licence approval, the international arm of China’s Harvest Fund Management is preparing to open a London office up early next year as a gateway to sell products in Europe.

Gibraltar outlines appeal as fund domicile

The British territory’s financial services minister visited Hong Kong to promote its profile as a funds jurisdiction to niche Asian managers seeking access to the EU single market.

Macquarie's secret interest in van Eyk funds

Documents reveal Macquarie had an option to take a sizeable share of any sale proceeds from the now-failed van Eyk Blueprint fund management business.

Antwerp Diamond Bank Faces Liquidation as Sale Stalls

A KBC spokesperson declined comment, citing confidentiality, but said the bank would make a statement “if there was relevant news.” Antwerp Diamond Bank CEO Pierre De Bosscher and Yinren did not respond to requests for comment.

KDB to focus on developing yuan financial hub

The conference was jointly organized by the International Finance Corporation (IFC), Industrial & Commercial Bank of China (ICBC) and Institute of International Finance (IIF) on Sept. 17 and 18, under the theme of "Sustained Growth and Financial

AIMA Announces New Council

AIMA’s Council is elected every two years and is comprised of members from its three regions – the Americas, EMEA and Asia-Pacific.

Singapore’s offshore Renminbi hub ambition enhanced

Senior Minister of State for Finance and Transport Josephine Teo noted that total RMB deposits placed in Singapore at the end of June has exceeded a quarter trillion yuan

MetLife banks on trust to succeed in Japan

As Japan’s life insurance market matures, many companies are looking overseas for opportunities to expand.

ICBC sets $650m record for ‘Lion City’ bond issuance

Industrial and Commercial Bank of China has issued a total of Rmb4bn ($650m) of renminbi-denominated bonds in Singapore and Taiwan, in the first case of cross-border collaboration between the two offshore markets for the Chinese currency.

China central bank pumps 500 billion yuan into top banks

China's central bank provided 500 billion yuan ($81.4 billion) to five state-owned banks in an effort to boost corporate cash flows and prop up a sluggish economy.

Nikko AM eyes Asia buildout, multi-asset rollout - David Semaya

He will focus on governance issues and liaise with fellow directors on the board and company shareholders, while also contributing to the firm’s strategic thinking as a veteran with more than 25 years’ industry experience.

AXAIM launches ESG product

Fund manager, AXA Investment Managers has launched what it describes as its first ever fully integrated ESG SmartBeta strategy in the Australian market.

Alternative Investments