Managers of Wealth Asia Pacific

Goldman cuts back prime brokerage in Japan

Goldman Sachs is paring down their Japanese prime brokerage business after the planned exit of unit head Toru Okabe.

Gold Demand in India to Drop as Buyers Prefer to Hoard Cash

Demand is going to be subdued, given the state of the economy and the sentiment,” Ajay Mitra, managing director, Middle East and India at the council, said in a phone interview from Mumbai. “People are preferring to stay invested in cash becau

Ex-Lone Pine Manager Is Said to Start $500 Million Hedge Fund

Tybourne Capital Management Ltd. can draw down an additional $500 million available from investors later this year as opportunities arise, said the people who asked not to be identified as the information is private. Tybourne Equity Fund started trading

ETFs unlikely to soar in Asia

ETFs listed in Asia ex Japan have $67bn of assets under management, compared with almost $1.2tn for US ETFs.

Top London-based hedge fund forms long-short equities team in Asia

Asia-Pacific including Japan and Australia now account for about 30 percent of global stock market value, according to data compiled by Bloomberg.

GLG Forms Asia Equities Team Co-Led By Ex-GIC Manager

The team based in Hong Kong will be led by David Mercurio, who joined the London-based unit of Man Group Plc as the head of Asia equity and co-head of its global equity strategies from Government of Singapore Investment Corp.

Hedge Funds Bet Right Before Longest Winning Streak: Commodities

The Standard & Poor’s GSCI Spot Index of 24 raw materials climbed for a third consecutive week, jumping 10 percent in the longest winning streak since Feb. 24.

Blackstone Said To Bid For ING Asia With Ex-AIA Head

ING agreed to divest its insurance and asset management operations before the end of 2013 as a condition of receiving state aid.

UPDATE 2-Goldman redeploys Asia equity co-head Barg to Singapore

Barg, who was co-head of equity capital markets in Asia excluding Japan, will relocate to Singapore and join Hsin Yue Yong in the investment banking role, according to a memo seen by Reuters and confirmed by Goldman.

Super Fund commits $100 million to China fund

Super Fund chief executive Adrian Orr says the fund has been trying to develop these co-investment relationships for some time.

European banks turn to credit insurance in Asian market

Structured trade credit insurance covers the risk of non-payment from a buyer for goods and services or a borrower for trade-related loans.

Hong Kong regulators signal flexibility on derivative reforms

Regulators around the world are bringing in new rules to force derivatives that are traded over-the-counter to be centrally cleared and for data on those trades to be reported to them.

Nikko to feed Japanese taste for Aussie bonds

Chief executive Charles Beazley says the fund will target Japanese retail investors, who increasingly see Australia as something of a safe haven thanks to its stable economy and AAA rating.

London and Singapore launch stock exchange cooperation

The London and Singapore stock exchanges announced an agreement Wednesday to facilitate the cross-trading of the most actively-traded stocks of their respective member firms.

Tokyo bourse set to launch Osaka bid, brushes off price objections

The Tokyo bourse said the tender offer would run from Wednesday until Aug. 22.

Treasury Group makes more Asian moves

Treasury Group has acquired a 20% equity stake in Singapore based multi-strategy Asian equities manager, Octis Asset Management.

Top 100 Firms Have Combined $3 Trillion AUM‎ - Research

Towers Watson survey shows total global alternative assets under management near $5 trillion

AMP Capital, Aberdeen score Advance mandates

The mandates will form part of the Advance Australian Fixed Interest Multi-Blend Fund, a specialised fixed interest fund that invests in Australian interest bearing securities such as Commonwealth, State, local and semi government and corporate bonds.

Former Hunter Hall exec Launches New Aussie Fund

Morphic Global Opportunities Fund will invest in global equities, with a mandate to take long positions in companies with a minimum market value of 400 million Australian dollars (US$408 million) and short positions in companies with a minimum market valu

Ex-Credit Suisse Asia Pac FX head to launch hedge fund

An e-mail to Robert Duke, Northbridge's head of business development, was not answered.

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