08/25/2013
Colin Brooks, global head of sub custody and clearing, said, “Singapore is a key market for our broker-dealer strategy and is pivotal for the development of our industry-leading solutions for this client group.
08/22/2013
The financial services firm’s statutory net profit after tax was $79.8 million for 2012/2013
08/21/2013
The foreign companies are using Singapore as a regional base for expansion into other emerging economics, including Indonesia, Malaysia, Thailand and Myanmar.
08/21/2013
Two top executives of Millennium Management LLC are preparing to start a $1.4 billion hedge fund in Asia
08/20/2013
The newly established RMI Company has filed for approval with the Thai Securities and Exchange Commission to set up Impact Growth REIT and act as REIT manager. Upon approval, Impact Growth REIT is set to be the first REIT ever established in Thailand.
08/20/2013
The fund will invest in small- to medium-size Internet,digital media and e-commerce companies that "need China for the next wave of expansion," Mr. Wu said in an interview, but declined to name potential investors or investment targets.
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.