04/24/2013
Australia's central bank to invest in Chinese bonds
The Australian dollar became the third currency to trade directly.
Alternative Investments
04/24/2013
Malaysia's AMMB seeking offers for stake in life insurance business-sources
To expand its profitable insurance business and is seeking a partner with expertise
04/23/2013
Johcm Japan fund trims large-cap exposure
apan fund managers are scaling back their large-cap exposure
04/23/2013
Paamco Seeks Asian Institutional Money for Hedge-Fund Strategies
An $8.6 billion U.S. fund-of-hedge-funds, is seeking to raise money from pensions and sovereign wealth funds in Asia
04/22/2013
SEBI allows 47 alternative funds to operate in India
SEBI had allowed only 12 AIF to set up shop in the country till October, and the number increased to 47 as of today.
04/22/2013
BNP Paribas Securities Services Enhances Client Engagement in Australia
To increase engagement, the new role of ‘Head of Client Strategy and Communications’ will be created
04/18/2013
Challenger reports 30% increase in AUM
"We are now Australia's ninth largest fund manager with growth driven by further strong inflows into our boutique funds management business."
04/18/2013
Japan surpasses China in expectations
Investors approve the phenomenon Abenomics
04/18/2013
Remy Cointreau Quarterly Sales Rise on Chinese New Year
Organic sales of Remy Martin cognac rose 14 percent thanks to demand in Asia and the Americas in the quarter, helping alleviate concern about slowing sales in China.
04/17/2013
SelfWealth announces tie up with iShares
Ward has committed to a long-term partnership with iShares.
04/17/2013
SEBI asks the Art Fund to shut shop
It has been spearheading the campaign for refund of investors’ money
04/16/2013
Asian Bond Issuance Is Booming
Some of the bond appetite last week was from investors hoping Japanese investors will flock into Asian bonds at some point, bankers said.
04/16/2013
Iceland-China Ties Are Seen Expanding
The free-trade agreement also opens up new kinds of exports to China
04/15/2013
Australian hedge fund seeder backs Romanesco fund
Scout’s backing of the Romanesco Fund alongside IMQ provides the new fund with another endorsement and connects it with a complementary group of investor candidates.
04/15/2013
BNP Paribas launches capital protection oriented fund
The new fund is rated AAA mfs (SO) by CARE
04/15/2013
Northern Trust expands fund admin services in Hong Kong
The Hong Kong funds will complement the global array of fund structures supported by Northern Trust, including UCITS funds in Europe and mutual funds and collective investment trusts in the US.
04/15/2013
SAC Capital loses staff in Hong Kong at challenging time
The departures also underscore the broader theme of a struggling hedge fund industry in Asia, where investment returns have missed expectations.
04/15/2013
Malaysian fund moves 11% of assets to external managers
In the announcement, the EPF chairman said the EPF will closely monitor its external managers to ensure they're delivering value for plan participants
04/14/2013
China luxury brands are thinking twice about expanding in China these days
According to the report, other luxury brand names are considering putting the breaks on their break-neck expansion of the last several years.
04/14/2013
Tiffany Sees Malaysia As Among Key Markets In Asia
"We are very positive the local market will continue to grow in the future with high double-digit growth."