Managers of Wealth Asia Pacific

HSBC agrees sale of insurance businesses

The deal, the latest in a series of cost cutting initiatives under new HSBC CEO Stuart Gulliver, includes 10-year bancassurance agreements with AXA and QBE.

Northern Trust: 1 in 3 has 40% of stocks, bonds in passive strategies ‎

A Northern Trust survey of 121 institutions, predominantly pension funds, in Europe, Asia and North America, forms the basis of the white paper entitled, Customized Beta: Changing Perspectives on Passive Investing.

AIG selling $6 billion of AIA shares to repay bail-out

AIG is looking to place some 1.7 billion AIA shares in a range of HK$27.15-27.50 per share - a discount of up to 7 percent to Friday's AIA closing price, according to a term sheet seen by Reuters on Monday.

Ortus Capital and Dymon Asia Capital make it onto Forbes’ top earners list

Entitled The 40 Highest-Earning Hedge Fund Managers, Forbes reveals that Joe Zhou of Hong Kong’s Ortus Capital Management and Danny Yong (pictured) of Singapore’s Dymon Asia Capital shared 37th place, with Bridgewater’s Ray Dalio, RenTec

SWF duo launch new firm

The co-founders have longstanding experience of selecting private equity fund managers.

J.C. Flowers said to mull offers for ING, RBS divisions

It may also bid for Royal Bank of Scotland Group Plc (RBS)’s Direct Line Group insurance business when it’s for sale, they said.

Henderson, Tantallon shut Asian hedge funds

Asian hedge funds suffered net outflows in the last four months of 2011, according to Eurekahedge. The fund tracker estimates nearly seven in 10 Asia funds have fallen below their "high water mark" -- the peak net asset values above which they c

The Asset Triple A Transaction Banking Awards 201

The field for transaction services in Asia gets bigger and better every year. With the global financial crisis still remaining largely unresolved in large parts of the Western world, all eyes are on the region.

Northstone Peak forms new Asia fund platform

Originally expected to launch its first fund last year, Hong Kong-based Northstone Peak is instead believed to have spent the year working on its partnership with Beijing-headquartered firm.

Georgia securities firm sells equity interest to Sturgeon Holdings

Sturgeon’s wholly-owned London-based subsidiary Sturgeon Capital is the investment manager of Sturgeon Central Asia Fund, a multi-strategy hedge fund focused on this fast growing region.

Australian custodians and Fund Managers Face Data Management Challenges

“Data management is a huge issue for these organisations,” - Julian Webb, global head of data management and analytics at DST Global Solutions.

HSBC near sale of its insurance arm to rivals for £1bn

HSBC is about to complete a £1bn deal to sell its general insurance arm to rivals AXA and QBE, according to reports.

From David to Goliath - Credit Suisse

Report Uncovers Distinct Strategies Leveraged by High-Growth Entrepreneurs

Royal Bank of Scotland to shut Australia fixed income trading desk

Some of the affected FICC traders would be given a chance to relocate to RBS trading desks in Singapore and London.

Hedge fund assets may hit $2.1 trillion in 2012: survey

The survey, which covered more than 600 institutional investors representing $1.04 trillion of hedge fund assets, found that investors expect their hedge fund portfolios to return 8.6 percent in 2012, down from 11 percent last year.

Hang Seng Bank’s 2011 Profit Climbs 12%; CEO Leung to Retire

Net income rose to HK$16.7 billion ($2.15 billion), or HK$8.72 a share, from HK$14.9 billion, or HK$7.80, a year earlier, the bank said in a filing to the Hong Kong stock exchange today. That beat the HK$16 billion average estimate of six analysts survey

Grosvenor plans to raise $492m to invest in Japanese real estate

The new fund will finance about half of the assets with loans, a ratio that will allow it to buy as much as 100 billion yen of properties, he said.

UBS macro strategies team to start hedge fund as banks exit prop trading

The Sydney-based firm, MST Capital, is in talks with cornerstone investors, said Satur, who remains a UBS employee until next month.

Japanese firm loses 3.1b in pension funds

The investment advisory firm, based in Chuo Ward, Tokyo, manages corporate pension funds of small and midsize firms.

Firms get approval to sell mutual funds

The companies, Noah Private Wealth Management, Shenzhen Zhonglu Wealth Ltd, Howbuy Wealth Management Center and East Money Information Co Ltd, said on Thursday that they have received licenses from the China Securities Regulatory Commission to sell the sh

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