08/01/2013
Ageas UK enjoys 17.3% net profit rise
Group net profit of EUR 472 million
Alternative Investments
07/31/2013
BlackRock Launches New Hong Kong Domiciled Fund Series
The new fund series, named BlackRock Premier Funds, will be available to both retail and institutional investors.
07/31/2013
Hang Seng unit first offshore firm with RQFII quota
The scheme allows offshore asset managers to invest their offshore yuan in the mainland equity and bond markets. The first quota was granted in December 2011.
07/31/2013
HSBC launches domestic funds in China
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07/31/2013
Citic Securities Closes Deal for CLSA Asia-Pacific Markets
The sale was approved by the board of Crédit Agricole at a meeting in Amsterdam on Wednesday.
07/31/2013
State Street Global Advisors in China joint venture
It said the joint venture, to be known as SGA Fund Management Co. Ltd, would provide domestic China funds management activities, including launching and managing securities investment funds for retail, high-net-worth and institutional clients.
07/31/2013
Deutsche Börse connects first HK Xetra participant
This is the first time that a trading participant from East Asia has been directly connected to Xetra.
07/31/2013
CITIC completes purchase of HK brokerage
CITIC plans to grow its fixed income business and act as a gateway for global investors in China
07/31/2013
Vietnamese firms need time to list on foreign bourses
Vietnamese companies generally need around 2 to 3 years to prepare for an overseas listing
07/30/2013
Bahamian financial services provider In Dubai, Shanghai Office Expansions
It’s been able to attract every significant player from every major city in the world
07/30/2013
Standard Chartered becomes one of few foreign banks to sell domestic funds in China
Alexis Calla, global head, advisory & investment said: “With the addition of domestic mutual funds, we will now be able to expand our recommendations and offer solutions to our customers involving both domestic and international investment solut
07/30/2013
Mahindra Lifespace Developers to form JV with Standard Chartered Bank
The first two projects under this JV will be premium residential developments in Gurgaon and Bangalore
07/30/2013
Manulife Financial Sells its Life Insurance Operations in Taiwan to CTBC Life
Manulife Financial Corporation announced that its subsidiary, Manulife (International) Limited, has signed an agreement to sell its life insurance business in Taiwan
07/30/2013
Asian Funds Set to Snap Up Global Property
Rich Asian individuals are snapping up luxury residential properties and even office towers in the West.
07/30/2013
MasterCard profits advances as revenue grows, led by emerging markets
Mastercard, the payments processing company, reported a 19 percent increase in its second-quarter profit as more people worldwide used its debit and credit cards to make payments.
07/29/2013
StanChart China launches onshore mutual funds
Currently, the bank cooperates with top tier domestic fund management companies including China Asset Management, E Fond, China Southern, Bosera Asset Management, Guangfa Fund Management, China Universal Asset Management, and Bank of Communications Sch
07/29/2013
Ex-bank MD shot dead
He was the first managing director and chief executive officer of Arab-Malaysian Development Bank
07/29/2013
ICBC May Complete Standard Bank London Deal This Year, Sky Says
South African bank’s largest shareholder and other Chinese lenders are expanding abroad
07/29/2013
Standard Life Launches Major Recruitment Campaign to Grow Asia and Emerging Markets Hub
Standard Life sees Asia and the emerging markets as a key focus for business growth
07/29/2013
Former Mizuho Credit Trading Head Plans Own Hong Kong Hedge Fund
They plan to open the fund to investors in mid-August, pending license approval by the city’s Securities and Futures Commission, he said in an interview in Hong Kong yesterday.