Managers of Wealth Asia Pacific

Invesco Asia Trust Trumps Benchmark Over Half-year

Invesco Asia Trust PLC Monday said its net asset value grew by 3.2% on a total return basis over the half-year, compared with a fall in its benchmark index.

Christie’s Makes Debut Into India With $8 Million Auction

The sale of 83 works set for Dec. 19 will be led by modern master Tyeb Mehta’s (1925-2009) work “Mahishasura,” which is estimated to sell for 75 million rupees ($1.2 million) to 95 million rupees.

Shangri-La to Invest $115M to Build New Hotel in Myanmar

Luxury hotel group Shangri-La International Hotel Management said it will invest $115 million for the construction of a new Lakeside Shangri-La hotel in Myanmar.

More Asia Hedge-Fund Managers Expect Higher Pay, Survey Says

The share of respondents anticipating their bonuses to increase climbed to 48 percent in a survey carried out in September by the Chicago-based executive recruitment firm

Prudential to push further into Asia as growth continues

Insurer sets outs "aggressive" growth targets out to 2017 focused on the rise of the region’s middle class

Citibank Becomes First Foreign Bank To Offer PRS In Malaysia

Citibank Bhd has become the first foreign bank to offer private retirement savings in Malaysia

Citibank becomes the first foreign bank to distribute Private Retirement Scheme

With this partnership, Citibank becomes the first foreign bank in the country to offer private retirement savings in its effort to deliver a complete suite of wealth management products and services locally.

Shanghai Considers Setting Up Bad-Debt Management Firm

Shanghai is considering setting up its own asset-management company following similar moves by the nearby provinces of Jiangsu and Zhejiang to clean up bad debt

Aegon Religare expects 15-20% growth this fiscal

Aegon Religare Life Insurance expects to grow at 15 to 20 per cent in terms of premium collection in the current fiscal

Abu Dhabi wealth fund to invest $250 million in Hines India Real Estate

Abu Dhabi Investment Authority is pouring $250 million into Hines India Real Estate.

Deutsche, Amundi set for bigger share of yuan funds pie

Global fund managers are reaching outside Asia to tap growing demand for Chinese assets after authorities relaxed investment restrictions to promote the international use of the yuan.

Standard Life Reduces Australian Exposure

Standard Life Investments has moved to deliver on its strategy to reduce its exposure to real estate in Australia to focus on what it regards as recovering markets.

“2 and 20” Fading, Managers Need Big Assets or Performance to Profit: Citi Prime Finance Survey

Economics Fosters Investor-Manager Alignment of Interests

Carlyle, Farallon bet on China’s funeral growth with HK IPO

China Cinda Asset Management Co Ltd, the country's largest bad debt manager, will invest a total of $10 million through two separate subsidiaries

ABN Amro to Add Commodity Staff in Asia as Demand Increases

The region now accounts for about 25 percent of the 250-strong commodity team

Philippines insurance industry to grow throughout next year

SunLife predicts that the sector will keep up its expansion throughout 2014 to continue the trend.

China Everbright Bank to launch US$2.8 bln Hong Kong offer on Tuesday

China Everbright Securities, China International Capital Corp (CICC), Morgan Stanley and UBS AG were hired as joint global coordinators.

Henderson Global launches new fund

One of which allows Henderson to offer registered managed investment schemes to Australian investors as a Responsible Entity.

PE group calls for transformation of HK into asset management hub

The survey looked into the current position of Hong Kong in the global asset management industry and recommendations for transforming the city into a major asset management hub.

HSBC HK Eyes Boost In Rmb-denominated Fund-raising Activities In Malaysia

The dialogue aimed to raise awareness among corporations on the use of renminbi, or yuan, in trade settlements and investments.

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