Managers of Wealth Asia Pacific

Invesco to buy 49 pct in India Religare's asset management unit

Religare Enterprises is controlled by billionaire brothers Malvinder and Shivinder Singh, who also control hospital chain Fortis Healthcare.

China's Huarong Asset Mgmt becomes joint stock company

"After the establishment, the company will put its focus on commercial banking, trust, leasing and other banking businesses while continuing to do a good job in asset management,"

First CTA launched in China

CTA funds aim to make profits by investing in futures, forwards, and options markets globally.

Harvest, Grosvenor Launch China Real Estate Private Equity JV

Harvest Fund Management, which has assets under management of $37 billion, and Harvest Capital are two separate entities with no connection despite bearing the same name.

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.

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