Managers of Wealth Asia Pacific

Wine investment and India

Wine, as an investment asset class, is just beginning to happen in India.

Manulife ‘Well-Positioned’ for Asia Expansion, Guloien Says

“We would expect to see a steady progression in Asia,” Guloien said yesterday in a telephone interview. “We’re getting the results consistent with the investment we’ve made.”

HSBC launches Asia Focussed Income fund

HSBC Managed Solutions provide diversified investment opportunities and flexible asset allocation to meet specific needs of HSBC customers based on their expected return and risk tolerance.

Ex-JPMorgan trader Lee readies Asia hedge fund

William Lee, who returned to Hong Kong from Singapore in 2000, is among dozens of traders globally in the last three years to move from a proprietary trading desk to his own fund.

Credit Suisse’s Asset Management Division Releases the Q2 2012 Edition of the Alternatives Quarterly

Mr. Keitel views the recent correction in risky assets not as a reversal of fortune for the markets, but rather as a renewed buying opportunity in the coming weeks for investors, especially in light of what he believes are attractive valuations.

US based hedge fund Och-Ziff halts India funding

Och-Ziff, the $30-billion New York-based hedge fund, has frozen secondary market stock investments in India due to soaring compliance costs and muddled tax policies, four people familiar with the development said.

Financial services firms extend regional alliance

ASIA will be a wholly owned subsidiary of Standard Chartered Bank that will be managed separately from the bank’s operations.

Carlyle hires JP Morgan to sell Taiwan bank stake-sources

Washington, D.C.-based Carlyle may be working to convince other shareholders at the bank to add their stakes to the sale in order to offer a controlling stake to buyers, the sources said.

Manulife’s new income series – Singapore Fund seeks to provide regular income

he Fund targets to pay a dividend of 3.6 cents (SGD) per unit per annum or 0.3 cents (SGD) per unit per month.** The income paying platform leverages on the strong fundamentals of the Singapore economy as well as its growth potential as an Asian hub parti

Gemini to bring Asia funds to UK

Gemini provides distribution and marketing for asset managers that have limited expertise in the retail and wholesale marketplace in Europe.

Why Aussie businesses are flocking to list on the Frankfurt Stock Exchange

Phil Jones, chairman and chief executive of Hemiphon, is in no doubt as to why the workforce management company has listed on the Frankfurt Stock Exchange, putting it down to “speed to market and cost”.

Irish funds industry expands presence in Asia

The office in Hong Kong was formally announced at Fund Forum Asia by Pat Lardner who has just taken up the position of chief executive of the IFIA.

Bank of China Becomes Member of the London Metal Exchange

The bourse is considering takeover bids for the 135-year-old exchange after trading volume climbed to a record last year.

Hedge-Fund Managers Can Pass Up a Look Down Under

How Governor Glenn Stevens responds will offer important clues about the state of central- bank independence.

Rabobank sells India's Yes Bank stake for $87 million

Rabobank, which initially owned nearly 16 percent of Yes Bank, sold about an 11 percent stake for about $213 million in June 2010.

Singapore ‘Shoebox’ condo sales may prompt extra taxes

Prices rose 1.2 percent for the mass market in the same period, preliminary estimates from the authority showed earlier this month.

Macquarie hedge fund exits short bets in India on tax fears

Foreign investors have raised concerns on two recent Indian provisions to tax indirect investments and combat tax evasion.

BNP Paribas Adds HongKong to Cross-Border Distribution Network

The move simplifies and optimises global fund managers’ access to Hong Kong by making it easier for them to register funds for distribution and interact with their local institutional investor clients more efficiently.

TPG poised to raise $1.5bn for Asian fund

The largest investor is likely to be Government of Singapore Investment Corp, which also has a stake in the TPG management company.

BNP Paribas Investment Partners shuts FI

BNP Paribas Investment Partners will close its fixed income asset management business after two years in operation.

Alternative Investments