08/30/2013
‘Emerging markets plan joint offshore forex intervention’
Emerging economies need to work out a co-ordinated action plan to quell speculation in overseas currency markets which is also fuelling the volatility in rupee.
Alternative Investments
08/30/2013
No proposal to convert idle gold into bullion: RBI
Bullion usually stands for gold in form of bars before coining.
08/29/2013
LVMH-Backed L Capital Raises $950 Million for Asian PE Fund
Instead, L Capital reached the $950 million cap it set in less than six months, thanks to support from sovereign wealth funds, pension funds and family offices from North America, Europe and Asia.
08/29/2013
China to expand trial program that allows the sale of bonds
Move can help ease banks' risks
08/29/2013
Philippine Retail Fund Market Remains Tough to Crack
Regulatory inertia weighs, but there is some hope for asset managers on the institutional front
08/29/2013
China-Africa Economic and Trade Cooperation (2013)
China joins other countries and international multilateral organizations
08/28/2013
Bank of China sets up onshore commodities trading unit
BOC used its overseas subsidiary to apply for a trading license.
08/27/2013
Hong Kong Billionaire Selling Out, Moving On
Shih Wing-ching warns of hostile environment for investment
08/27/2013
ICICI Prudential partners with Nordea Asset Management for global fund
ICICI Prudential Asset Management Company announced the launch of a fund which would collect money from Indian investors
08/26/2013
ICICI Prudential MF Launches 'Fund of Funds' Scheme
ICICI Prudential Mutual Fund launched an open-ended scheme which has the mandate to invest in overseas equities.
08/25/2013
Wells Fargo (Lux) Worldwide Fund's Foothold In Asia
Availability of the Wells Fargo (Lux) Worldwide Fund on these platforms makes it easy to research and trade in the sub-funds.
08/25/2013
GSAM readying global multi-asset proposition
Goldman Sachs Asset Management is building a global multi-asset proposition for retail and smaller institutional investors, most likely based out of London.
08/25/2013
AIMA Hedge Fund Forum targets greater cohesion
The AIMA Hedge Fund Forum has been created by the industry to foster best practice and growth among its participant
08/25/2013
Art as investment? Only if you love it
These reports make one wonder about the benefits of investing in art.
08/25/2013
HSBC Securities Services launches third party clearing in Singapore
Colin Brooks, global head of sub custody and clearing, said, “Singapore is a key market for our broker-dealer strategy and is pivotal for the development of our industry-leading solutions for this client group.
08/22/2013
IOOF quadruples net profit
The financial services firm’s statutory net profit after tax was $79.8 million for 2012/2013
08/21/2013
Singapore's UOB opens new advisory division in Jakarta
The foreign companies are using Singapore as a regional base for expansion into other emerging economics, including Indonesia, Malaysia, Thailand and Myanmar.
08/21/2013
Millennium duo plans record $1.4 bln Asia hedge fund
Two top executives of Millennium Management LLC are preparing to start a $1.4 billion hedge fund in Asia
08/20/2013
Thailand to launch first REIT
The newly established RMI Company has filed for approval with the Thai Securities and Exchange Commission to set up Impact Growth REIT and act as REIT manager. Upon approval, Impact Growth REIT is set to be the first REIT ever established in Thailand.
08/20/2013
Chinese Media Investor Bruno Wu Plans $500 Million Private-Equity Fund
The fund will invest in small- to medium-size Internet,digital media and e-commerce companies that "need China for the next wave of expansion," Mr. Wu said in an interview, but declined to name potential investors or investment targets.