Managers of Wealth Asia Pacific

The Greater China Fund elects two Claa III directors, terminates investment manager

The proposal received the favorable vote of a majority of the Fund's outstanding shares and therefore was approved.

Singapore fund in Brisbane office buy

CIMB-TCA bought the 18-storey refurbished building for its Australian Office Fund No 1 for $56m.

Goldman to Expand REIT to 300 Billion Yen as Market Bottoms

Goldman Sachs Group Inc. plans to expand its new private real estate investment trust to as much as 300 billion yen to buy Japanese properties as the Wall Street bank foresees a turnaround in prices.

Gold imports could rise by 20 pc in 2nd half: Bullion Association

He further said the import volumes would be dependent on the price of gold in domestic market.

Manulife expands ASEAN reach with Cambodia office

Once a company that drew the lion's share of its profit from Canada and the United States, Toronto-based Manulife earned 34 percent of its core profit from its Asian division in 2011.

Asian hedge funds lose appetite for short selling

They have, it seems, lost their appetite. Analysts tracking the sector say that last year’s losses and current market volatility are presenting Asian hedge funds with a stark choice: shut down, cut fees or convert to long-only, reported Reuters.

Winemakers uncork booming Chinese market

Having overtaken the United Kingdom to be the fifth largest market in 2011, the country will become the largest wine consumer over the next 20 years if the growth rates remain unchanged, it said.

Singapore asset manager gears up for China liberalisation

Whilst companies have started to issue RMB-denominated bonds outside of China (known as Dim-Sum bonds), the RMB-denominated onshore and offshore fixed income market is considered by many investors as illiquid and with much currency risk.

Mercer acquires Sovereign

Sovereign's asset consulting clients for alternatives include Sunsuper, Vision Super, Westpac Staff Super and Perpetual, with funds under advice estimated at around $5bn, noting that Sovereign advises on alternatives and not the whole fund, according

AMP to acquire Cavendish

AMP Limited is to acquire Australia's largest SMSF administrator Cavendish Group as part of plans to establish an SMSF dedicated business unit under Paul Sainsbury.

Hong Kong HF Soft Closes After Tripling Assets

Hong Kong-based firm Segantii Capital has shut down its Asian hedge fund to new investors despite being one of the best performers in the region.

Maybank Kim Eng Thai, Philippine ops win FinanceAsia’s Best Broker award

Maybank Kim Eng’s Thailand and Philippines operations have been awarded Best Broker by FinanceAsia in its Country Awards.

Asian asset managers lose interest in Europe because of AIFMD

Matt Feldmann, partner at Clifford Chance, believes that the AIFMD, which is scheduled for implementation in 2013, is the primary concern of most Asian asset managers for erasing Europe off their radar.

Private Wealth Fuels Record Singapore-Dollar Bond Sales

Top-rated Singapore’s appeal among private-banking clients has risen as the local currency gained 12 percent since 2009 and Europe’s financial turmoil deepened with Greece’s new government struggling to meet targets for cutting its defic

Hedge funds eyeing some exotic alternatives

How exotic? How about portfolios betting on Chinese companies embroiled in fraud probes? Or funds looking to arbitrage prices in the electricity market?

Maybank capitalising on Australian property market

The new scheme would finance completed or off plan residential properties developed in Melbourne by Malaysian and Australian developers in the form of term loan, overdraft or a combination of both, it said in a press release Friday.

Nomura Permal Alpha Japan Neutral Fund launched on UCITS platform

Nomura, the global investment bank, and Permal Group one of the most experienced and established hedge fund investors,

BNP Paribas Australia Launches Custody, Settlement Business

"We looked at where we anticipated growth would be and Asia looked like a particularly worthwhile place to invest," Pierre Jond, managing director of BNP Paribas Securities Services in Australia and New Zealand, said Monday. "In the context

Geojit BNP Paribas launches QFI Investment service Close

In the context of global financial turmoil, the Indian economy offers tremendous long term investment opportunity to foreign investors who are looking for diversifying their investment portfolios, he said.

Japanese hedge fund industry is becoming Japanese-speaking

The roundtable was sponsored by law firm Bingham McCutchen and by Eurex, and took place in May at Bingham's Tokyo offices.

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