02/21/2013
HSBC shuts Duggal’s India hedge fund after outflows
At its peak in 2008 the fund was more than $300 million in size. By the end of December it had shrunk to $85 million.
Alternative Investments
02/21/2013
Brevan Howard Alumnus Edwards to Start Asia Stock Hedge Fund
“Being able to leverage the experience of Woori and NewAlpha is a tremendous asset, particularly in the early stage of our fund’s growth,” Edwards said in an e-mail.
02/20/2013
Fund managers upbeat - Research
But risk of sovereign defaults lingers and concern about government intervention grows.
02/20/2013
BNP Paribas wins sub custody recognition in 22 markets
This marks the first industry recognition for sub custody in three markets for BNP Paribas – Australia, Brazil and India.
02/20/2013
State Street ranked No. 1 Globally for Securities Lending Among Custodians in Satisfaction - Survey
Respondents said State Street had the ability to create bespoke programs
02/20/2013
Asia alts managers voice regulatory concerns
A private equity COO fears rule tightening is too broad-brush and will inflate costs
02/20/2013
NAB Asset Servicing connects to Calastone
NAB Asset Servicing has connected to the Calastone global transaction network to facilitate its interaction with fund managers.
02/19/2013
CIMB-Principal rolls out Bond Fund with Asian Investment Exposure
Asian Bonds continues to find ground among investors
02/19/2013
Bank of Ningbo to set up fund management arm
Bank of Ningbo is one of the five commercial banks that have been allowed to set up fund management companies under a pilot program approved by the State Council.
02/19/2013
Standard Life leaves Bumi fight in balance
Standard Life’s decision comes a day after one of the Bakries’ allies unexpectedly sold a 10 per cent stake.
02/19/2013
Citi Sees Surge in Offshore Renminbi-Related Activities in Singapore
Citi Singapore has seen strong growth in RMB-related transactions in the past two years including doubling of RMB account openings and significant increase in volume of payment processing as more trade transactions between Singapore and China are settled
02/19/2013
Strong Start to 2013 for Asia Hedge Funds
This January was the best-performing January for hedge funds in the region on record
02/18/2013
Praemium sees revenue increase after acquisitions
"Transformation" year results in improving finances
02/18/2013
Wilson sees asset boost after merger
Premium merger and share placement lead to strong half year result
02/18/2013
China insurer AMs apply to launch segregated funds

The asset management arms of three insurance firms have applied to issue a total of five fund products in a relaunched process that will see them start to compete with mainstream managers.
02/18/2013
M&G hires in sales to complete Asia team
Two more salespeople will join in the coming weeks to complete the team.
02/18/2013
CIMB-Principal expects AUM to grow between 10% and 11% in 2013
Generally, Southeast Asia is becoming an extremely important foreign direct investment destination
02/17/2013
REITs Buoy IPO Markets in Asia
Real estate investment trusts continue to garner favor from investors in Asia
02/17/2013
Indonesian investor said eyeing Henderson London office
The agreement would allow Henderson to resurrect the sale of the site in mid-town near Covent Garden after an deal with Germany’s Deka fell apart.
02/17/2013
BNP Paribas Securities Services Renews Australian Superannuation Custody Mandate
Following a competitive tender and robust due diligence process, the trustee board of ACSRF chose BNP Paribas based on its technology offering and capabilities in performance measurement and reporting, mandate compliance, unit pricing and fund accounting.