Managers of Wealth Asia Pacific

Ex-Citadel Securities Head Said to Plan Asia Fund

Neither Edsparr nor Mikosh returned messages on their mobile phones seeking comment. The fund will have offices in London and Asia.

Meet the Chinese billionaires with Australia in their sights

His father is Zeng Qinghong, a top Communist Party cadre and former Beijing kingmaker (think Graham Richardson and the Labor Party of the 1990s) who is credited with brokering the deal that saw Xi Jinping catapulted into pole position in the race to becom

HSBC to sell 44% shareholding in Global Payments Asia-Pacific

The transaction, which is subject to regulatory approvals and the agreement of the terms of ancillary commercial contracts, is expected to complete during the second half of 2012 and represents further progress in the execution of HSBC's strategy.

PDIC approves merger of Allied, PNB

The merger is seen creating the country’s fourth-largest private bank. In a disclosure to the Philippine Stock Exchange on Thursday, PNB said it had received notice from the PDIC approving the merger, subject to certain conditions, details of which

Top asset manager to increase Asia lending

Global banks scaled back cross-border lending to companies, governments and each other at the fastest rate since 2008 in the final quarter of last year, the Bank for International Settlements said last month.

BNY Mellon awarded US$1 billion global custody mandate

BNY Mellon has been selected to provide global custody, fund accounting, performance & risk analytics and compliance services for the Fund, which has assets totalling approximately US$1 billion.

Citi Philippines awarded Best Foreign Commercial Bank

Citi’s 14th straight win in FinanceAsia’s annual Country Awards

ASX partners with SGX on futures

Australia's futures and options trading market is currently worth $50 trillion, said the Australian Securities Exchange.

Nomura Holdings Veteran prepares $250 Million Asian Hedge Fund Launch

Asian Investment firms have faced increased scrutiny following multiple large scale investigations.

New York Life, Macquarie Are Said to Vie for Dexia Unit

“There’s a general tendency to move toward lower-capital, fee-based models so that might explain the appeal for strategic buyers,” said Matthias de Wit, a Brussels-based analyst at Petercam SA. “Still, it’s a tricky market to

Luxury Brands Still Flock To China

The latest example of this is Swiss luxury watch brand, Hublot, which opened its second boutique in Shanghai Tuesday.

Sovereign Wealth Fund Suffers Investment Losses

The China Investment Corporation (CIC), the nation's sovereign wealth fund, said Wednesday its overseas portfolio yield for 2011 stood at negative 4.3 percent due to slow recovery of global economy and the European debt crisis.

Citic to Acquire Credit Agricole’s CLSA Unit for $1.25 Billion

Chairman Wang Dongming entered exclusive talks with Credit Agricole in March over the French bank’s remaining CLSA stake to add overseas research, brokerage and investment banking to Citic Securities’s operations.

SGX denies it was in London Stock Exchange merger talks

The report comes amid a number of merger proposals by global exchanges as they seek growth opportunities amid a slowdown in listings and lower trading volumes.

AMP Capital wins global REIT mandate from China’s social security fund

China is a key strategic market for AMP and AMP Capital, having established the group’s representative office in Beijing in 1997.

Hong Kong Develops Its Fund Management Business

The survey of fund management business covered the overall value of assets reported in the sub-sectors of asset management, fund advisory and private banking, as well as SFC-authorized real estate investment trusts (REITs).

Singapore Exchange Aims to Take Asia

Singapore Exchange (SGX) announced Thursday its higher mainboard admission standards, aiming at ensuring its position as a competitive and relevant global exchange and attracting larger companies seeking to list here.

New Asia hedge funds raise US$2bil in first half

New Asian hedge funds collected US$4.43bil in 2011, powered by major launches such as ex-Goldman Sachs Group Inc trader Morgan Sze's Azentus and former Asia head of Highbridge Capital Carl Huttenlocher's Myriad.

HSBC Global Asset Management to launch offshore India bond fund

The open-ended fund will allow foreign investors to invest in Indian fixed income.

LSE in merger talks with Singapore exchange

The London Stock Exchange Group is in talks with the owner of the Singapore exchange about a potential £7.2bn merger.

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