Managers of Wealth Asia Pacific

CIMB-Principal Aims To Raise RM300 Million From Newly-Launched Fund By Year-End

CIMB-Principal Asset Management Bhd aims to raise RM300 million from its newly-launched CIMB-Principal Global Multi Asset Income Fund by year-end.

As credit tightens at home, Chinese sell Hong Kong luxury real estate

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.

Reserve Bank allows more banks to import gold

The government also increased customs duty on gold to 10 per cent from 4 per cent to discourage imports.

Citibank India to join hands with Appolo Munich for offering healthcare solutions to high networth clients

Citibank India, a leading wealth management services provider, along with Appolo Munich will offer healthcare solutions to its affluent and high networth clients.

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.

U.S. exchange-traded funds open up China's market

The new funds focus on areas such as consumer staples, consumer discretionary products and small-company stocks that analysts expect to do well even as the broader market has been hit hard in recent weeks.

Lukin confirms Macquarie spin off

Macquarie Investment Management Private Markets, a private equity and infrastructure fund of funds group, will be spun out of Macquarie Group

Investments in Cayman Islands doubtful

DAP MP Tony Pua today urged the government to pull out the low performing 1Malaysia Development Berhad’s RM7.6 billion investment in Cayman Islands to avoid further unwarranted losses.

Hedge fund showcase event SALT looks to exit Singapore

Launched in 2012 as SALT Singapore and later changed to SALT Asia, the event sought to capitalize on "new opportunities ... created by the growth in the Asian markets and the shift in global trade," as Scaramucci put it May of the same year.

Property firm's default risk exposes China fault lines

The looming bankruptcy of a Chinese developer owing billions of yuan to domestic banks has raised worries that a softening property market is heightening risks for the financial system.

ANZ granted licence for direct NZD-CNY trading

ANZ today announced The People's Bank of China has approved its licence to act as a market maker for NZD-CNY direct trading on the China Foreign Exchange Trading System

Options limited in cutting pension fund charges in Hong Kong

The issue of Mandatory Provident Fund charges has long been contentious amid complaints that captive savers are being milked by fund management and fund administration companies.

Morgan Stanley's Arena may float office fund

Morgan Stanley's Arena Investment Management is looking at the best way to deliver liquidity to investors in both its property and office funds

Alibaba Starting U.S. IPO Process as Hong Kong Proposal Falters

Alibaba Group Holding Ltd. kicked off the process for what may be the biggest U.S. initial public offering in two years after struggling to persuade Hong Kong regulators to approve its proposed governance structure.

Switzerland’s biggest bank Plans New China Property Fund

Switzerland’s biggest bank is raising a second fund that will invest in Chinese residential properties to meet demand that remains “extremely strong” even amid government curbs that are lowering returns.

Morgan Stanley’s Arena considers pre-IPO asset sales

MORGAN Stanley’s Arena Investment Management is looking at the best way to deliver liquidity to investors in both its property and office funds, and will present its latest strategy at an investor day tomorrow.

Mindshare restructures Asia operations to focus on emerging markets

WPP’s Mindshare has launched a new full-service media unit in Singapore to serve the needs of companies who use Singapore and other Asian cities as their central marketing hubs to manage emerging growth markets across Asia, Midd

The World’s First Whisky Fund to Launch in HK

They speak to Rishaad Salamat on Bloomberg Television’s “On The Move Asia.”

Asset Manager “just pipped” by global giant KKR as Asia Lender of the Year

ADAMAS FINANCE ASIA LIMITED Adamas Asset Management "just pipped" by global giant KKR as Asia Lender of the Year

Taiwan needs partners in offshore yuan business

Recent fluctuations in mainland China’s yuan have done little to alter its progress toward becoming an international currency.

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