06/03/2013
SBI Mutual Fund to buy Daiwa’s Indian asset management business
“This acquisition will help SBI MF acquire a unique client base which will increase its penetration in retail and HNI (high-networth individual) space,” said the SBI release.
Alternative Investments
06/03/2013
Asia-Pacific Region Records Fastest ETF Industry Growth
The Asia-Pacific region is currently the fastest growing market for the exchange traded fund business.
06/03/2013
Sun Life Financial considering new acquisitions in southeast Asia
Sun Life Financial says it's considering making new acquisitions in Asia, both within its existing footprint and in other countries in the ASEAN region.
06/02/2013
S'pore in further discussions with China on offshore activities: Tharman
Deputy Prime Minister Tharman Shanmugaratnam also revealed new areas of cooperation being explored with the Chinese authorities.
06/02/2013
New tax exemption seen drawing hedge funds to Hong Kong
Lobby group says more funds and private equity firms can be expected to set up in the city because of the government's proposed reforms
06/02/2013
Global funds manager appoints Citi as back office provider
Citi will provide custodial, fund accounting, unit registry and securities lending services
05/30/2013
Yellow Brick Road launches super fund
Australians have two big financial goals in life, to own their own home and to retire comfortably
05/29/2013
AmInvest Named Investment Management Company of The Year
Our breath and depth of fund offerings and track record of innovation in providing investment solutions have allowed us to stand out amongst other market players
05/29/2013
Gottex & SRF join to provide multi asset investment solutions in New Zealand
Gottex SR Funds will offer multi-asset investment products to New Zealand investors seeking diversified international investment exposure
05/29/2013
Ex-SAC Hong Kong trader readies hedge fund to bet on price swings
Preparing to launch his own hedge fund in Hong Kong to bet on price swings in financial securities
05/28/2013
Brokers choose BNP Paribas for trading operations in Asia
BNP Paribas launched clearing services in Hong Kong in 2011 as a modular-based framework within a single platform
05/28/2013
MAS hands Cambridge discretionary services licence
The firm has been providing discretionary portfolio management services for clients' assets since 2001
05/28/2013
HSBC Asia Prime-Finance Team Seeks to Double Hedge-Fund Assets
We definitely announced our arrival. We’re trying to pick the clients and partner with clients that really want to be trading counterparts of HSBC.
05/27/2013
MAS opens its first Asia representative office
Monetary Authority of Singapore sees great value in establishing a physical presence in Beijing to facilitate future cooperation and regular interaction
05/26/2013
Leading French bank opens global equity trust to Australia
They have a concentrated stock picking approach focused on selecting the 30 best stocks worldwide
05/26/2013
Banks scramble for share in Singapore’s offshore RMB market
This is the latest move in the MAS's effort to develop the Lion City's offshore renminbi centre.
05/26/2013
Geojit BNP’s Bahrain partnership co to launch operations in Kuwait
A joint venture between Bank of Bahrain and Kuwait (BBK) and Geojit BNP Paribas will soon launch its operations in Kuwait.
05/25/2013
Singapore Sees Dim Sum Bond Debut as HSBC Joins StanChart
We see this as another milestone for Singapore in the development of its status as an offshore RMB hub
05/23/2013
Qatar Fund May Invest In RMZ Corp
Last month, Qatar Investment Authority, the Gulf state's sovereign wealth fund announced that it is looking to invest up to $10 bn in India every year.
05/23/2013
Australia vows improved hedge fund disclosure, seeks recognized definition
Currently, Australia has no universally recognized definition of a hedge fund.