Managers of Wealth Asia Pacific

Japan’s KKR picks managers for $1.3 billion in equity mandates

Eight of these fund houses it will be the first time that they have worked with the KKR on active equity investment

Malcolm Turnbull's son said to start hedge fund in Singapore

Keshik will be at least the third hedge-fund startup that is tapping Asian opportunities in recent years and involves a former member of the Goldman Sachs unit.

Brokerages eye bigger share of shadow banking market

As increased regulatory oversight curbs the growth of China's trust companies, securities firms are seizing the chance to boost their share of the shadow-banking pie.

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.

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.

BNY Mellon Western Fund posts $3.1 million loss

The long-standing dismal performance led BNY Mellon to divest from the JV in May, selling its entire 49% stake in the firm to Shanghai Leadbank Asset Management.

Sotheby's International Realty Brand Enters India

Amit Goyal is co-owner and chief executive officer of the firm, which will serve the luxury residential real estate market throughout Northern India.

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.

Hong Kong Exchange Fund Q2 investment income at HK$37.4 bln - HKMA

The HKMA is the key manager of the Exchange Fund

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.

HKMA and Bank of Thailand launch linked clearing system

Two markets will now be able to transact US dollar deals during Asian banking hours

Every penny of HK$3 trillion Exchange Fund needed for ‘crises’, says HKMA chief

HKMA chief Norman Chan says not one cent of the HK$3 trillion reserve can be spared for government spending on welfare or infrastructure

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.

Boom ups Filipinos’ per capita income at $2,765 in 2013; luxury goods sale risin

World Bank data showed that alongside the expansion of the Philippines’ gross domestic product (GDP), or output of goods and services, came the rise in the purchasing power of Filipino consumers.

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.

SBI plans share sale in insurance, asset management unit

The lender is planning to list its insurance units

BlackRock to roll out multi-asset fund in India

BlackRock, the world's largest mutual fund which manages assets worth about $4.6 trillion, is launching its global multi-asset fund in India through the fund-of-funds route.

Australia companies head offshore to boost revenue

Australia is, in our view, heading into a much weaker, a much lower demand environment

Credit Agricole to issue dollar-denominated bonds in Taiwan

One of the tranches will issue an interest payment of 4 percent over the term of the bond

Select brings Neuberger Berman hedge fund strategy to Australia

Select Fund Services has made a Neuberger Berman fund-of-hedge-funds strategy available to retail and self-managed super fund (SMSF) investors.

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