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Alternative Investments

05/15/2014

India-focused hedge fund backed by Goldman Sachs exec hits $500 mn in assets

Steadview, an India-focused hedge fund seeded by Goldman Sachs chairman Mark Schwartz, has made 12 times the returns of peers with bets on consumer and tech stocks, helping the fund grow its assets to $500 million in nearly five years.

05/15/2014

Global hedge fund assets hit record high in April

A total of $17.9 billion of new money was invested

05/15/2014

Birla Sun Life MF acquires ING's Indian assets

Birla Sun Life Mutual Fund, India's fourth largest asset management company, has acquired Indian assets of ING Mutual Fund.

05/14/2014

India's ground-breaking review of Depositary Receipts could open the door to increased foreign investment, says BNY Mellon

M.S. Sahoo Committee's recommendations will make investing in Indian companies more accessible for global investors and may encourage increased foreign investment into India

05/14/2014

Commonwealth Bank profits boosted by investment performance

The group's completion of previously announced property transactions resulted in an $11 billion reduction in funds

05/14/2014

Goldman to Citigroup Miss World’s Worst Selloff in China

The China reform trade is backfiring in the stock market

05/14/2014

HSBC Private Bank Sees Chances in Backing New Asia Hedge Funds

HSBC is eyeing early-stage investments in Asia managers as rivals

05/13/2014

Antarctica AM, Silverhorn Group form research and advisory partnership in Asia

Antarctica Asset Management and Silverhorn Group have formed a new partnership - Antarctica Asset Management Asia - to provide fund research as well as tailored advisory services for hedge fund managers and other clients.

05/13/2014

Obscure Hong Kong firm manages 1MDB’s funds in Cayman Islands

The funds were invested through 1MDB’s wholly-owned unit Brazen Sky Ltd

05/13/2014

Indian banks can offer structured derivatives abroad without RBI permission

However, such products will continue to be barred in India and banks will have to seek the central bank’s permission

05/13/2014

Chinese Bitcoin Exchanges Planning to go Offshore to Escape PBOC Crackdown

Subsequently, a number of banks announced that they were withdrawing support for digital currency exchanges

05/13/2014

China CITIC Bank prices Asia’s first USD additional tier 1 bonds

The deal was well-oversubscribed with an order book of US$5.7 billion

05/13/2014

Trade with Qatar is very strong: Singapore envoy

Qatar and Singapore trade volume has reached $8bn last year

05/12/2014

Asset managers face long haul in China passport scheme

The Hong Kong and Chinese authorities have released few details of the scheme, which is expected to be fully unveiled this summer.

05/12/2014

Hiked fees for investors: Is your fund manager charging too much?

You might not have noticed it, but your mutual fund investments may have quietly become more expensive.

05/12/2014

Asia-Pacific ETF AUM could reach USD250 billion by 2016, says BNY Mellon

Hong Kong and China together now account for around 35% of total ETF assets

05/12/2014

Dymon gets $500 mln from Temasek to seed hedge funds

The industry also added $20 billion in assets in 2013

05/12/2014

Mystery of Malaysian 1MDB's US$2.3b Cayman Islands fund

It still has not given details of the funds or manager's name

05/11/2014

LIC Nomura MF is open to acquisition, evaluating options

We also see more contribution coming from retail investors in the coming time

05/11/2014

PE fund boosts China-Africa cooperation

Chinese Premier Li Keqiang proposed that China and Africa upgrade their cooperation during his eight-day trip to Africa

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