07/29/2013
Ex-bank MD shot dead
He was the first managing director and chief executive officer of Arab-Malaysian Development Bank
Alternative Investments
07/29/2013
ICBC May Complete Standard Bank London Deal This Year, Sky Says
South African bank’s largest shareholder and other Chinese lenders are expanding abroad
07/29/2013
Standard Life Launches Major Recruitment Campaign to Grow Asia and Emerging Markets Hub
Standard Life sees Asia and the emerging markets as a key focus for business growth
07/29/2013
Former Mizuho Credit Trading Head Plans Own Hong Kong Hedge Fund
They plan to open the fund to investors in mid-August, pending license approval by the city’s Securities and Futures Commission, he said in an interview in Hong Kong yesterday.
07/28/2013
AIA First-Half Net Profit Jumps on New Business Growth
AIA Group Ltd.'s HK first-half net profit comfortably beat expectations
07/28/2013
Vanguard global ETF assets hit USD281 billion
Vanguard is committed to educating the market on the benefits of ETF
07/28/2013
Reliance Capital reports 194% rise in net profit
Primarily driven by increase in the topline of insurance and asset management businesses.
07/28/2013
Singapore silver vault set to meet strong Asian demand
Precious metals storage firm Malca-Amit will open a new facility in Singapore this week that can hold up to 200 tonnes of silver
07/28/2013
Billionaire Li’s Cheung Kong to Sell Mall to Fortune REIT
Billionaire Li Ka-shing’s Cheung Kong Holdings Ltd. (1) has signed a memorandum of understanding to sell a shopping mall complex in Hong Kong to Fortune Real Estate Investment Trust (778) for HK$5.85 billion ($754 million).
07/26/2013
Aviva in talks with Jardine to expand in Asia
Aviva is in negotiations to broker a deal with a division of Asia-focused conglomerate Jardine Matheson, which will lead to a fresh assault on Indonesia and other fast-growing Asian economies.
07/26/2013
Gold Smuggling Takes Off in India
Curbs on Imports Aim at Supporting Rupee; The Case of the Golden Staples
07/25/2013
SSgA invests $50m in Chinese fund manager partnership
The China Securities Regulatory Commission has approved the appointments of Gui Songlei as chairman of the board, Wang Yao as inspector general and Li Xuesong as general manager. Li will be responsible for the day-to-day management of the joint venture.
07/25/2013
China Sovereign Fund CIC Reports 10.6% Return
China Investment Corp., created to manage part of the nation’s $3.5 trillion of foreign-currency reserves
07/24/2013
Hong Kong asset managers mark record year in 2012
Fund management assets in Hong Kong were 40% higher at the end of last year than at the end of 2011, according to figures released by the Securities and Futures Commission
07/23/2013
BNP Paribas launches Strong Super reporting solution
Global custodian BNP Paribas Securities Services has launched a solution to the reporting standards
07/23/2013
Global Prime Partners seeks to support emerging Asian hedge fund managers
Asia seems to have a massive divide between really good performers
07/22/2013
Eight in 10 Asian investors not using ETFs
Institutional usage and understanding of exchange-traded funds in the Asia-Pacific region seem surprisingly low.
07/22/2013
Singapore Central Bank Records $8.4bn loss as Singapore Dollar Soars
Singapore's Central Bank Posted a S$10.61 billion ($8.39 billion) net loss in its last fiscal year as the local dollar's gains against the yen and euro diminished the value of its foreign currency holdings.
07/21/2013
Perennial Trio Lose 'Loss of Control’ Bid
Three of the Original Directors of Fund Manager, Perennial have lost their bid to extract a change of control fee resulting from Australian Wealth Management’s 2008 merger with Perennial parent IOOF.
07/17/2013
Son-in-law of Chinese vice-premier sets up Hong Kong fund
Nicholas Zhang has become the latest family member of a top mainland political official to start an asset management business in the city