Managers of Wealth Asia Pacific

S.Korea fund weighing Bank of America stake sale

Korea Investment Corp will decide whether to sell its around $1 billion stake in Bank of America Corp within a month

China’s ICBC says won’t compensate investors in troubled shadow bank product

Industrial and Commercial Bank of China, the world's largest bank by assets, said on Thursday that it has no plans to use its own money to repay investors in a troubled off-balance-sheet investment product that it helped to market.

Threadneedle launches Islamic Investment Management Capabilities in Malaysia

The team is supported by the Singapore regional office and global head office in London.

Taiwan, HK, London should cooperate in offshore RMB: banks

This will generate benefits for three parties

Bitcoin spreads tentacles as Octopus sniffs the bait

Bitcoin fails to meet two preconditions as a virtual currency

China grants first-time gold import licences to foreign banks

Allowing more banks to import gold could increase the supply of the metal into the country, easing local prices that are higher than in most Asian nations.

LIC Nomura Mutual Fund announces merger of two schemes

LIC Nomura Mutual Fund announces merger of LIC Nomura MF Floating Rate Fund - Short Term Plan with LIC Nomura MF Liquid Fund, w.e.f. March 04, 2014.

China's first RQFII ETF launched in London

Investors across Europe are now able to invest into China's A share market, through the first RQFII exchange traded fund

Zurich Insurance, Bank of China to further explore bancassurance

Bank of China would tap Zurich Insurance's expertise in expanding and providing comprehensive financial solutions to Malaysians

Brooks Macdonald Funds Ltd launches first actively managed property UCITS fund

Today’s improving economy provides a positive outlook for property

Religare-Invesco targets offshore market

The firm is launching a feeder fund into its JV partner’s pan-European equity fund, while its is also focusing on sub-advisory for pending India-focused Invesco products internationally.

Dundas wins $240m super fund mandate

The strategy is administered and marketed in Australia and New Zealand by Apostle Asset Management.

Large Hong Kong Hedge Funds Have Best Year Since Inception

Azentus Capital Management Ltd. and Myriad Asset Management Ltd., two of Hong Kong’s large hedge funds, had the best annual returns since inception, aided by Japan bets and investments outside of the region.

Rockefeller firm to develop $2.5 bln resort project in Vietnam

The Vung Ro Bay development enclave will comprise several hotels with over 760 rooms, 4,300 apartments, 100 luxury townhouses, a variety of retail shops and 350 marina berths, they said.

Excel Funds Management Announces Additional Sub-Advisor for Excel China Fund

China AMC is also a leader in the Qualified Foreign Institutional Investor business in China

ACE agrees to buy Thai insurer for $185 mln, shares surge

ACE Ltd has agreed to buy a 60.9 percent stake in Thailand's Siam Commercial Samaggi Insurance PCL for about $185 million as foreign insurers step up their presence in underdeveloped Southeast Asian insurance markets.

China proves a better bet than Japan for Asia hedge fund investors

The outperformance helped encourage Chinese capital to emerge as a growing force in an industry that is dominated by U.S. and European institutions such as pension funds and endowments.

London challenges Hong Kong with BOC's yuan bond

European deals account for more than 10 per cent of global yuan debt issues every year and have so far been mostly conducted in Hong Kong.

Simplex Asset Plans to Launch Hedge Fund in Hong Kong

Japanese fund manager Simplex Asset Management Co. plans to launch a hedge fund in Hong Kong to be led by the former Asia trading head for Royal Bank of Scotland Group Kin Cheung.

Market Vectors Announces RQFII Sub-Advisor for China A-Share ETF

Physical A-share exposure provided by China’s largest mutual fund management company

Alternative Investments