10/30/2014
Will we see more alliances among MFs?
The need for higher net worth and losses for some makes the trend of consolidation imperative
Alternative Investments
10/30/2014
Haitong International Securities buys pan-Asian broker
Haitong will pay US$20 million for the London-based brokerage Japaninvest
10/30/2014
Next stop for the yuan's global journey: Canada, Middle East
Even as China quickly expands the use of its currency to financial hubs in Asia and Europe this year, bankers are already looking to Canada and Middle East as the next growing regions for their offshore yuan Bunsen's.
10/30/2014
Standard Life Investments acquires third Tokyo asset
The Standard Life Investments Global Real Estate Fund has acquired its third direct real estate asset in central Tokyo so far this year, reinforcing its commitment to the Japanese real estate market.
10/30/2014
Faber morphs into regional asset developer after RM1.5b merger
Faber managing director and CEO Azmir Merican said the conclusion of the merger marks a new chapter for the group as it now has the full capability to undertake the entire asset life cycle services, from asset development to asset management.
10/29/2014
Bank of China and DME announce partnership agreement
Bank of China and DME today signed a Memorandum of Understanding to strengthen their cooperation in offering innovative finance solutions to their mutual customers.
10/29/2014
Ex-Regal managers launch specialist stock-picking hedge fund focused on Asia and Australia
In ball games, football, baseball, tennis and the like, players try to predict accurately where the ball is going – in order to hit it. A new pan-Asian hedge fund manager calls it taking a long lead.
10/29/2014
Infracapital Partners closes Fund II on 1 bln pounds
Infracapital Partners has closed its second fund on 1 billion pounds to invest in core infrastructure assets across Europe. Co-investment pledges takes total capital for investment to more than 1.3 billion pounds. Atlantic-Pacific Capital worked as placem
10/29/2014
Assets broadly firmer; rouble hits record low
The Zambian kwacha was the other loser of the day, falling more than 2 percent after the death of President Michael Sata though it later pared losses on hopes that elections would bring in a more investor-friendly leader.
10/28/2014
RHB Asset Management & Partners Offer New Fund To HK Investors
RHBAM said the open-ended fund was suitable for investors with an appetite for high-growth investment.
10/28/2014
India: Foreign Institutional Ownership At Record High
In the third-quarter, foreign institutional investors’ ownership rose by another by 44 basis points to 22.5% for the broad equity market.
10/28/2014
DHFL, Prudential Financial to form asset management JV in India
The joint venture company will be renamed DHFL Pramerica Asset Managers Pvt Ltd, following regulatory approvals and closure of the transaction
10/28/2014
Dubai Mercantile Exchange, Bank of China announce partnership agreement
DME and Bank of China will work together to examine the feasibility of creating new financial products
10/27/2014
Told to Find 'Sugar Daddy,' Karma Chief Sees Path to $500 Million Funds Instead
When Nandita Agarwal Parker started her India hedge fund a decade ago, all investors in the U.S. wanted to talk about were her children and her husband.
10/27/2014
Wilson HTM takes steps toward buyout of broking unit
Newly installed boss of Wilson HTM Investment Group’s stockbroking arm Brad Gale hopes a management buyout of the division can be completed this year, after confirmation the company was progressing plans for the spinoff.
10/27/2014
Singapore and China to launch direct currency trading on Oct 28
They look at Singapore and find us a useful partner to have," said Mr Teo at the sidelines of the Joint Council for Bilateral Cooperation (JCBC) - the highest-level bilateral negotiation mechanism.
10/27/2014
China GF Intl says to set up offices in New York, London
Asset manager GF International Investment Management said on Monday that it plans to set up offices in New York and London next year
10/27/2014
New York Life's PE funds invest Rs 50 crore in Adlabs ahead of IPO
The Manmohan Shetty-promoted Adlabs Entertainment, which operates theme and water parks, today said it has received Rs 50-crore funding from New York Life Insurance-run PE funds Jacob Ballas India Holdings IV and Jacob Ballas Capital India.
10/26/2014
ADX out to woo Asian investors
The Abu Dhabi Securities Exchange is seeking to tap the billions of dollars held by Asian investors, in the final stage of its global roadshow 2014.
10/26/2014
Japan Bank for International Cooperation delegation visits DEWA
He Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority received, at his office, a delegation from Japan Bank for International Cooperation.