03/25/2014
The Asian city is already the fastest-growing wealth center in the world, with more than $550 billion in assets under management, according to research firm WealthInsight.
03/25/2014
BIMB Investment Management Bhd on Tuesday launched the BIMB i Flexi Fund, which offers long-term capital growth by investing in a diversified portfolio of shariah-compliant securities.
03/24/2014
Business in the mainland currency is booming in Singapore, which aims to handle an amount equivalent to a third cleared in Hong Kong
03/24/2014
Proposed law change will allow open-ended corporate structure to enhance flexibility but industry players expect progress to be slow
03/24/2014
The manager of K-Green Trust, a business trust focusing on investing in eco-friendly infrastructure assets, is proposing to change the trust's name and expand the variety of assets it can invest in.
03/24/2014
We have 1,100 captive unit trust advisors that we could use to crosssell our other products
03/24/2014
Bickering between the private sector and state-owned lenders has forced the corporate debt restructuring cell to ask all banks, including private ones, to extend working capital funding to companies whose loans are getting restructured,
03/24/2014
A survey conducted by hedge fund tracer AsiaHedge said Asia-focused hedge funds added USD20bn in assets last year showing that investors are starting to return to the region.
03/24/2014
London-based CVC plans to invest the fund in companies across the region, in countries such as Indonesia, Malaysia, the Philippines and China.
03/24/2014
The securities offered a yield of 3.961% for five and an half years tenure. Investors across Asia, Europe and US have subscribed the issuance, which was rated as BBB- by rating company S&P.
03/23/2014
Gold stocks will outperform bullion and may be set for a multi-year rally as producers cut costs and take a more prudent approach to acquisitions
03/23/2014
Foreign institutional investors have poured in a whopping Rs. 9,600 crore in the Indian equity market so far in March, mainly on hopes of a stable government in general elections starting next month.
03/21/2014
Alternative Investments firm to acquire hedge fund
There are pockets of talent everywhere
03/21/2014
36 South Capital Advisors LLP, whose Black Swan Fund returned 204 percent in 2008, is starting a new hedge fund targeting Australian (ASX) institutions seeking protection from market downturns and additional returns.
03/21/2014
Manager’s Asian Income fund trailed benchmark for first time since 2009 after Fed’s tapering talk.
03/20/2014
CIMB-Principal Asset Management Bhd aims to raise RM300 million from its newly-launched CIMB-Principal Global Multi Asset Income Fund by year-end.
03/20/2014
Cash-strapped Chinese are scrambling to sell their luxury homes in Hong Kong, and some are knocking up to a fifth off the price for a quick sale, as a liquidity crunch looms on the mainland.
03/20/2014
The government also increased customs duty on gold to 10 per cent from 4 per cent to discourage imports.
03/20/2014
Citibank India, a leading wealth management services provider, along with Appolo Munich will offer healthcare solutions to its affluent and high networth clients.
03/19/2014
HK hedge funds tap ‘fake’ Alibaba shares ahead of IPO
Can’t face waiting for the Alibaba mega-listing? Don’t worry, investment bankers have got you covered.