07/22/2012
Chairman Wang Dongming entered exclusive talks with Credit Agricole in March over the French bank’s remaining CLSA stake to add overseas research, brokerage and investment banking to Citic Securities’s operations.
07/22/2012
The report comes amid a number of merger proposals by global exchanges as they seek growth opportunities amid a slowdown in listings and lower trading volumes.
07/22/2012
China is a key strategic market for AMP and AMP Capital, having established the group’s representative office in Beijing in 1997.
07/19/2012
The survey of fund management business covered the overall value of assets reported in the sub-sectors of asset management, fund advisory and private banking, as well as SFC-authorized real estate investment trusts (REITs).
07/19/2012
Singapore Exchange (SGX) announced Thursday its higher mainboard admission standards, aiming at ensuring its position as a competitive and relevant global exchange and attracting larger companies seeking to list here.
07/19/2012
New Asian hedge funds collected US$4.43bil in 2011, powered by major launches such as ex-Goldman Sachs Group Inc trader Morgan Sze's Azentus and former Asia head of Highbridge Capital Carl Huttenlocher's Myriad.
07/19/2012
The open-ended fund will allow foreign investors to invest in Indian fixed income.
07/19/2012
The London Stock Exchange Group is in talks with the owner of the Singapore exchange about a potential £7.2bn merger.
07/19/2012
Huarong is the second of the four asset management funds to be restructured after changes to Cinda Asset Management Co in 2010, allowing it expand to other businesses including brokerage and securities services.
07/18/2012
The stake has a market value of $250 million, but HSBC is expecting a hefty premium due to Baoviet's market position and the potential to raise the ownership level at a later stage, one of the sources added.
07/17/2012
The initiative will be aimed at enhancing insurance and wealth management offerings to a broader range of customers nationwide and is a follow up of the partnership agreement between Manulife Indonesia and Danamon in October 2011.
07/17/2012
The Securities and Futures Commission’s annual Fund Management Activities Survey, 2011, found the combined fund management business of Hong Kong recorded a year-on-year decline of 10.4%, bringing the total AUM down from HK$10trn (£810bn, US$1.
07/17/2012
Its move comes after a recovery in trading volumes in perpetual bonds in the last two weeks, coupled with the launch of a S$1bn Tier 1 hybrid from local lender OCBC Bank on July 5.
07/16/2012
The fund will be integrated into Hermes BPK’s suite of hedge fund solutions and will be renamed the Hermes BPK Greater China Fund.
07/16/2012
The Hong Kong-based team includes four sector specialists and will manage a fundamental long/short equity portfolio, GLG said in a statement on Monday, taking a bet on the biggest but shrinking hedge fund category in the region.
07/16/2012
As part of the deal, Hermes will also take over management of Caliburn Capital's thematic multi-manager hedge fund Caliburn Greater China which currently has $100 million in assets.
07/16/2012
CCP, a subsidiary of private equity manager Crescent Capital Partners Management, made the 50-cents-a-share offer last week.
07/16/2012
In an emailed statement, Clark Song, Mananging Director at SHFA said that the Shanghai hedge fund network would be transformed into an education and communications organization to enable hedge fund firms in the city to participate in public policy discour
07/16/2012
Japan's Dai-ichi Life Insurance Co Ltd and Korea Life were first out of the blocks to submit second-round bids on Monday for ING's insurance operations in Southeast Asia, as the Dutch insurer moves to divest it Asian operations.
07/16/2012
Performance for the Broad Index and its 10 sub-strategies is calculated monthly. June, May and YTD 2012 performance numbers are listed below and are available at www.hedgeindex.com.