08/19/2013
“Citi is pleased to be a strategic partner to BlackRock and we look forward to supporting them in their expanding business,” said David Russell, Region Head, Asia Pacific, Securities and Fund Services.
08/19/2013
UAE’s gold and jewellery trade aims to be a direct beneficiary as India imposes further controls on domestic consumption of the metal in all its forms.
08/18/2013
Bank of America Merrill Lynch , Credit Suisse , Goldman Sachs and UBS , had formally began working on Cinda's listing, IFR reported in June.
08/18/2013
Eastspring Investments, the Asia asset management arm of UK-based Prudential, has been accredited as one of Bangko Sentral ng Pilipinas (BSP) Provident Fund’s equity fund managers.
08/18/2013
Domestic equities, on the other hand, recorded net outflows, while capital preservation concerns among investors saw cash take second place.
08/18/2013
Without paying any upfront subscription or switching fees, Fidelity SmartFund account holders can buy and switch among the over 380 funds provided by 10 fund houses at the FundsNetwork platform.
08/18/2013
Aditi Kothari, EVP and marketing head, DSP BlackRock Mutual Fund, said, “We believe that marketing can no longer remain a support function in the financial services world.
08/18/2013
The bank aims to increase its assets under management by 34 percent across the last five months of the year
08/16/2013
An office in the capital Ulan Bator is expected to be set up by the end of the year by the unit Sumitomo Mitsui Financial Group Inc. after approval from Japanese financial regulators.
08/15/2013
The Strategic India Fund is a collaboration between IIFL Global
08/15/2013
Boutique institutional asset manager Unigestion has secured a Capital Markets Services License
08/15/2013
AMMB Holdings Bhd reported a 6% rise in first quarter net profit from a year earlier as interest and Islamic banking income rose. Income recognition from acquired entities MBF Cards (M) Sdn Bhd and Kurnia Insurans had also supported bottomline.
08/14/2013
Taiwanese asset management firms are scrambling for a slice of the mainland's 270 billion yuan offshore investment funds market
08/14/2013
ING IM expects the asset class to post a positive total return in the range of 5.5 to 6% over the next 12 months.
08/14/2013
UBS Global Asset Management (China) Ltd. will start a fund that invests in Shanghai’s social housing market, the first investment fund of its kind in China.
08/13/2013
“Financial institutions now believe ANZ is the most potent FX provider. ANZ’s impressive run continues in the domestic providers of FX services category [gaining] the top spot for both financial institutions and corporates in Australia,”
08/12/2013
The China investment book has taken a significant hit as a result of this conflict,
08/12/2013
The rise of affluent middle class and wealthy consumers in Asia seem to have an insatiable appetite for luxury designer brands that keeps growing despite economic slowdown in the region.
08/11/2013
Wilson Asset Management Active has finished the financial year with $1.5 million in profit
08/11/2013
Hong Kong-based fund managers form group to lobby Beijing in their offshore expansion