Managers of Wealth Asia Pacific

NDB Bank to exit AvivaNDB Insurance

Aviva who has a majority stake of 51 per ecent in the local insurance company is believed to have already entered into an MoU for the sale of its stake to AIA.

Asia has more to gain from investment banking woes

Asia’s local banks are missing their opportunity to expand in investment banking, says IFR Asia bureau chief Nachum Kaplan.

Reliance Capital ties up with Ratnakar Bank

RCAM has also recently tied-up with Syndicate Bank and IOB.

Volte face by regulator fuels fears in Hong Kong

94 per cent of all funds in Hong Kong are offshore, according to BNP Paribas and Knadel.

ING Bank growing 20-25% every year in Asia

ING has a large presence in Central and Eastern Europe and it has noticed more and more Asian clients moving to those countries, said Mr Newman.

Hua An plans landmark cross-border ETF

A major step in providing Chinese investors direct access to the DAX index for the first time.

MAA Group to buy ANZ's wholesale mortgage distribution busines

Has signed an agreement to buy Australia & New Zealand Banking Group Ltd.'s wholesale mortgage distribution business.

UOB, SMU set up institute to help SMEs

A new institute has been set up to offer subsidised business consulting for small and medium enterprises

ANZ agrees to sell Origin to Columbus Capital

Established in 2006, Columbus Capital is a diversified non-bank financial group focused on mortgage lending and funds management.

Hong Kong start-ups lift Asia hedge fund industry - survey

The Asian fund industry is struggling to improve returns as the slowing global economy and European debt crisis weigh on stock markets around the world.

Sundaram BNP Paribas Fund Services to recruit 100 people

As part of its expansion plans, Sundaram BNP Paribas Fund Services would recruit 100 people across its delivery centres during the next fiscal.

Standard Life unveils new investment plan for locals, expats in Hong Kong

Harvest Wealth uses a direct fund approach, providing 295 investment choices from 24 of the world’s leading fund managers.

EFG set to launch Asia Pacific bond fund

EFG Asset Management (EFGAM), the asset management arm of EFG International, has launched the New Capital China Equity Fund, an open-ended equity fund that will invest in up to 50 Chinese and Hong Kong stocks across all capitalisations.

CVC Capital to sell 10% stake to 3 sovereign wealth funds

The private equity firm briefed investors on the move at its annual meeting in London last week

NAB to make muscle felt in online share trading

National Australia Bank is looking to take on its bigger rivals.

Australian Hedge Fund Industry Tops A$42 Billion

Institutional investors Down Under flock to the sector.

Schroder buys 25% stake in Axis Mutual Fund

The transaction provides Axis AMC access to Schroders’ global distribution network

Handelsbanken: a Nordic first in Australia

Handelsbanken is opening a branch in Sydney, Australia, thus becoming the only Nordic full-service bank in the world's sixth largest country.

Mergers & acquisitions of Southeast Asian firms may gain pace

Mergers and acquisitions of Southeast Asian companies may gain pace this year.

Bank Muscat named best retail banker of year in Asia

"The bank draws on its expertise to provide customers with the best banking products and services."

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