05/07/2013
Ex-Tower Investment staff set up firm
A new boutique fund management firm is set to emerge following the departure of Tower Investments' entire equities team from new owner Fisher Funds.
Alternative Investments
05/07/2013
Citigroup Cuts Deutsche Bank Currencies Lead as Asia Trade Jumps
Citigroup came second in the annual rankings with a 14.90 percent market share
05/06/2013
Citi to be First Bank in China to Launch Multi- Currency Notional Pooling with RMB Capability
"The introduction of RMB capability further underlines the importance of RMB as a strategic currency in treasury management and should also help promote Shanghai’s position as an international financial center.”
05/06/2013
Perpetual to acquire The Trust Company
The deal is subject to shareholder and regulatory approval though The Trust Company's board
05/06/2013
Mirae Asset targets global ETF buildout
An Asset Global Investments is setting out to expand its exchange-traded fund (ETF) business globally into the US, Latin America and South Asia.
05/06/2013
China's Gold Bullion Imports Doubled Before Price Drop
Physical demand picked up significantly over the last couple of weeks
05/05/2013
Pimco expands in Asian pensions market
Asia's expanding pool of private savings and a need to fund the retirement of the region's ageing population
05/05/2013
Two giant IPOs kick off roadshows in Hong Kong
Hong Kong’s initial public offering (IPO) market is gathering momentum as Sinopec Engineering and China Galaxy kick off their institutional roadshows, receiving orders from institutional investors on May 6 to raise a total of HK$28 billion (US$3.6 b
05/05/2013
Christie’s Launch Innovative Vineyard Acquisition Advisory Service
This pioneering program was conceived to meet demand from clients at Christie’s wine auctions in Hong Kong
05/04/2013
PineBridge partners with CICC Investment Management
They announced the launch of the first global fund of hedge funds targeting qualified Chinese investors
05/02/2013
Hedge fund Centaurus to return cash, shut Asia office
Centaurus is the latest hedge fund to focus on managing its founders own fortune rather than working for others.
05/02/2013
AMP Capital sells Houston multi-family property
AMP Capital’s Global Direct Property Fund has sold Cheval Apartments for US$63.6 million following a widely marketed sales campaign.
05/02/2013
Ex-JPMorgan traders launch Asia firm with backing of $64bln Canada fund
Five former proprietary trading desk bankers at J.P. Morgan in Singapore have started a new firm
05/02/2013
China investment guru targets comeback with $2 billion Hopu II fund
Former Goldman Sachs banker and co-founder of Hopu Investment Management, is raising up to $2 billion in a new fund
05/01/2013
Bombay Stock Exchange launches broad-based Islamic index
The country's first Islamic index was launched in 2010, also by the BSE, tracking the 50 largest and most liquid stocks.
04/30/2013
Citi Issues Guide to Asian Bond Market Developments
The Asian bond markets are expanding rapidly and are expected to remain strong throughout the year.
04/30/2013
Hong Kong Monetary Statistics for March 2013
Lending to financial concerns and residential mortgage loans continued to expand
04/29/2013
DMG & Partners Now A Member Of RHB Banking Group
RHBIB is one of the top three brokerage houses in Malaysia, with over 1,400 brokers and 60 branches.
04/29/2013
Hong Kong-based Richland to shut hedge funds in surprise move
Declined to be named as they were not authorized to speak on the matter
04/28/2013
Mitsubishi UFJ Said in Talks to Buy Morgan Stanley Trust Assets
Mitsubishi UFJ Financial Group Inc. (8306), Japan’s biggest bank, is in talks to buy Morgan Stanley (MS)’s trust-banking assets, valued at about $4 billion, said two people with knowledge of the matter.