Managers of Wealth Asia Pacific

Asian Hedge Fund Launches Up 20%

More than 50 new hedge funds have gotten their start in Asia this year, as managers vie for some of the billions in investor capital that is flowing into the space.

Axis MF set to buy ING Investment's schemes

Axis Mutual Fund is set to acquire the assets of ING Investment Management, a joint venture between Dutch financial services group ING

Former Ziff Brothers Asia Head Said to Plan Own Hedge Fund

Heje joins a list of alumni of well-known international companies who have set up some of Asia’s largest hedge-fund startups

Trade body to launch asset management group

Trade association Asifma is to announce the launch of an asset management group to provide a regional voice for fund firms at a regional and global level.

Challenger launches new smart beta boutique

The new fund manager, Tempo Asset Management, was revealed by Challenger chief executive Brian Benari at the group's half-year result announcement.

Swiss alternatives firm eyes more Asian buyout deals

The Swiss alternatives firm holds a final close on direct investment programme at $2 billion, with up to 40% earmarked for mid-market buyouts of companies in Asia.

2014 Alternative Investment Survey highlighting key trends shaping the hedge fund industry - Deutsche Bank

Allocators from 29 different countries completed the survey. Approximately half (46%) of responding investors manage $1bn+ in hedge fund AuM, and 18% manage over $5bn.

Chinese Institutions to Invest $2.5 Billion in Global Logistic

They will invest $2.36 billion by subscribing to new shares in GLP’s local subsidiary and $163 million through buying new shares in GLP, the Singapore-listed company said in an e-mailed statement.

Hong Kong gold exchange eyes 1,500-tonne warehouse in mainland China

The Chinese Gold & Silver Exchange Society, based in Hong Kong, aims to launch a physical bullion trading exchange and a 1,500-tonne depository in mainland China within the next year,

Australian Bourse Set to Offer Yuan Payments

The settlement service will allow Australian companies to take or make payments with Chinese investment and trading partners through ASX Ltd.'s Austraclear market infrastructure.

Shanghai FTZ will help spur renminbi globalization

The globalization of the renminbi is expected to pick up pace this year, as part of the free trade zone pilot project set up in Shanghai last year is to allow enterprises to conduct free exchange in the Chinese currency.

SinoPac to launch Asian equity value fund

The fund will focus on small and micro-cap companies and will combine value investing with liquidity-constrained arbitrage strategies to focus on under-researched areas of the market.

Westpac: Aussie bonds to flourish as banks bow out

Westpac's John Chauvel accepts an award for debt origination at FinanceAsia's recent Sydney Achievement Awards dinner

HK funds face dual challenge: StanChart

Standard Chartered's advice to asset managers creating Hong Kong-domiciled funds to sell into China: create products that are both simple and strongly performing.

Asian hedge fund industry surges to record in 2014

Investor capital continued to pour into the Asian hedge fund industry in late 2013 and early 2014

INDIA: Five MFs vie for ING's local asset management biz

L&T Mutual said to be leading the race

Aberdeen to launch fourth Asia Pacific property fund of funds

Aberdeen Asset Management is set to launch a new Asian property fund of funds, after closing its third investment vehicle targeting the region having raised more than £300m.

GAM to tap China A-Shares market with host of fund changes

The move is a pre-emptive one, as GAM does not currently hold a licence quota under the Renminbi Qualified Foreign Institutional Investors scheme.

MCB Bank Ltd’s investment in Burj Bank Ltd

Muslim Commercial Bank Limited has reached an understanding with the majority shareholders of Burj Bank Limited to invest in new and existing shares.

SEB Sells Singapore Office Asset for $228M; Pays $54M for Tokyo Office Building

SEB Asset Management, the real estate arm of SEB Group, has kicked off 2014 strongly with several notable transactions, especially in the Asia-Pacific commercial real estate market.

Alternative Investments