Managers of Wealth Asia Pacific

Four suitors said to have submitted prices for CIMB Aviva bids

CIMB Group and UK-based Aviva Plc are expected to finalise the buyers of their 51% and 49% stakes

Plaza Hotel in New York sold to Indian billionaire

The remaining 25% of the hotel is being retained by its current owner, Prince Alwaleed bin Talal of Saudi Arabia, via his Kingdom Holding group.

Christie's Hong Kong Chinese Painting sales achieved $64,919,325

The sales of Fine Chinese Modern Paintings on Monday, November 26 and Tuesday, November 27 achieved HK$415,668,750

ING to Sell Korean Asset Management Operations

The Netherlands-based company is "looking to complete the sale in January or February," the person told Dow Jones Newswires.

BNP Paribas launches alternative asset admin service

BNP Paribas Securities Services has this week launched an administration service for alternative assets which it says is aimed at helping institutional investors manage their private equity, infrastructure and real estate investments more efficiently.

Standard Chartered approved for renminbi cross-border lending quota

He said it also enables corporations to transfer onshore renminbi surplus to their global cash pools for central deployment and use, hence to improve their global treasury efficiency.

Chinese funds head to Ireland to crack Europe

Mainland fund managers start opening Dublin offices to get access Europe - and beyond

J.P. Morgan Asset Management’s Asian money market funds exceed $10 billion in assets

J.P. Morgan Asset Management was the first to pioneer AAA-rated money market funds both in China in Chinese Yuan in 2005 as well as in Singapore Dollars in 2007.

Philippines Billionaire Tan Plans $1.5 Billion Hotel Investment

We aren’t slowing down nor putting on hold any of our tourism ventures

Schroders launches RMB Fixed Income fund

Following the success of the Schroders Hong Kong domiciled RMB Fixed Income Fund; this fund will seek to tap into the broader demand for RMB bonds.

BNY Mellon Named 'Asset Service Provider of the Year'

"It is a great honour to accept this prestigious award," said Chong Jin Leow, head of Asia-Pacific, BNY Mellon Asset Servicing.

Manulife Philippines launches new ASEAN Growth Fund

Manulife Philippines launched a new variable life insurance investment-linked fund

State Street Plans Fund-Management Joint Venture in China

State Street Corp. plans to set up a fund-management company in China by establishing a joint venture with a Chinese trust firm, the Chinese company's parent firm said Thursday.

18 futures firms cleared to manage assets

On June 29, the China Financial Futures Exchange cut stock futures margins to 12 percent of contract value, down from the previous level of 15 percent.

Bank takes step to increase international use of Chinese currency

CCB plans London dim sum bond launch in Dec

Euroclear’s Collateral Highway opens further with Korea Securities Depository agreement

Euroclear Bank has announced that it will sign a Memorandum of Understanding tomorrow with the Korea Securities Depository

Former Jefferies exec sets up specialist advisory firm

A number of financial services execs have tried their hands at boutique advisory firms in the recent past, with mixed results.

AgBank says gets govt ok for Jiahe Life investment

After completion of the Transaction, the Bank will hold 51% of the total issued shares of Jiahe Life.

Swiss bank converts all India funds to QFIs

Last year, France’s Societe Generale the exited private banking business in India, and Bank of America-Merrill Lynch’s wealth management business outside the US, was acquired by Julius Baer.

Standard Life revives Indian listing plan

Standard Life is back on the trail to list its Indian joint venture as the life assurance market recovers from a regulatory overhaul, with a flotation possibly coming as soon as the second half of next year, according to bankers.

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