09/03/2013
Mainland preferred market for private banking business: PwC
The Chinese mainland is ranked as the leading market for private banking activities over the next two years with offshore business as a key priority for banks.
Alternative Investments
09/02/2013
Fidelity South East Asia removal from Wealth 150
The Fidelity South East Asia Fund has been removed from the Wealth 150 list of our favourite funds in each sector for new investment.
09/02/2013
Whiz’s new fund taps Citi for fund administration, transfer agency services
This strategic partnership marks the expansion of Citi’s footprint working with Japan-based fund managers led by respected industry veterans.
09/02/2013
Standard Life moves emerging markets business to Asia
Most of the operations that will be transferred to Asia are in the form of back-office support but Standard Life is also bringing segments such as business development, marketing and customer service.
09/01/2013
Australian firm enters China joint venture
China Life AMP Asset Management Company Limited will be China Life's first joint venture in mainland China with a foreign partner in funds management.AMP Capital
09/01/2013
SFG Australia’s funds under management grow to $5 billion
The financial advice and wealth management firm has over the past 12 months not only increased its total funds under management (FUM) by 15% to $5 billion but also boosted revenues by 14% to $134.3 million and underlying net profit after tax (NPAT) by 14%
09/01/2013
Australian Based Jenepe Asset Management Launches New IPO Fund
The Certified Investment Management Analyst (CIMA) regulated fund, Jenepe IPO Capital Fund S.P., domiciled offshore in the Cayman Islands, will be managed by Nicholas Pereza-Mathews and will take positions in range of financial instruments focused on the
09/01/2013
UAE banks cash in on growing Chinese market
Statistics show that the UAE is home to about 5,000 Chinese-run enterprises and attracts thousands of visitors from China every year
09/01/2013
HKMA sets first in breaking QFII quota record
Hong Kong’s central bank became the first overseas institution to receive over $1 billion in total QFII quota from China's State Administration of Foreign Exchange.
09/01/2013
Goodman grows full year operating profit to A$544 million
Strong financial position maintained – balance sheet gearing reduced to 18.5%[iv] and interest coverage ratio (ICR) of 5.0x
09/01/2013
Victoire Brasil Investimentos announces Asian joint venture
Aquico’s outstanding knowledge and expertise in emerging markets will broaden and deepen our research capability
08/30/2013
‘Emerging markets plan joint offshore forex intervention’
Emerging economies need to work out a co-ordinated action plan to quell speculation in overseas currency markets which is also fuelling the volatility in rupee.
08/30/2013
No proposal to convert idle gold into bullion: RBI
Bullion usually stands for gold in form of bars before coining.
08/29/2013
LVMH-Backed L Capital Raises $950 Million for Asian PE Fund
Instead, L Capital reached the $950 million cap it set in less than six months, thanks to support from sovereign wealth funds, pension funds and family offices from North America, Europe and Asia.
08/29/2013
China to expand trial program that allows the sale of bonds
Move can help ease banks' risks
08/29/2013
Philippine Retail Fund Market Remains Tough to Crack
Regulatory inertia weighs, but there is some hope for asset managers on the institutional front
08/29/2013
China-Africa Economic and Trade Cooperation (2013)
China joins other countries and international multilateral organizations
08/28/2013
Bank of China sets up onshore commodities trading unit
BOC used its overseas subsidiary to apply for a trading license.
08/27/2013
Hong Kong Billionaire Selling Out, Moving On
Shih Wing-ching warns of hostile environment for investment
08/27/2013
ICICI Prudential partners with Nordea Asset Management for global fund
ICICI Prudential Asset Management Company announced the launch of a fund which would collect money from Indian investors