Managers of Wealth Asia Pacific

AMP results show strong growth for products

AMP released its first quarter results to 31 March 2012 today, showing strong growth for both AMP Flexible Super and North Platform.

Frustrated ex-MF Global Singapore staff file lawsuit

The unit of the bankrupt company, once run by Mr Jon Corzine, was sued by seven former employees, including the head of sales for Asia, seeking more financial information.

J P Morgan launches hybrid fund series

The fund will be benchmarked against 15 per cent of BSE 200 and 85 per cent of the CRISIL Composite Bond Fund Index.

Asian banks bullish about revenue growth from global transaction services

Asian lenders are bullish about revenue growth from the global transaction and treasury business.

Former Perry Capital Asia Head Raises PE-Stlye Hedge Fund

Alp Ercil, former Asia head of Perry Capital, has raised $440 million for a private-equity style hedge fund, according to Reuters.

Aviva Puts Malaysia Business on Block

Aviva PLC has hired Morgan Stanley to sell its stake in a life insurance joint venture with Malaysia's CIMB Group, people familiar with the situation said, as part of the British insurer's global retrenchment.

Ex-Deutsche Securities Banker Plans Commodities Hedge Fund

Ishiyama joins a breed of new hedge funds seeking to provide alternative investments for Japanese clients following AIJ Investment Advisors Co.’s suspension by regulators for allegedly losing more than $1 billion with hedge-fund strategies.

Singapore seeks to strengthen rules for fund management industry

The Monetary Authority of Singapore (MAS) is seeking to strengthen its fund management industry through the implementation more internal control of the current and future players, reported Laven Partners, a global consulting firm focused on the alternativ

ARA Asset Management records 35% rise in first quarter profit

Professional real estate fund manager ARA Asset Management on Tuesday announced a 35 per cent jump in first quarter net profit to $20 million.

Do platforms need a revolution?

The way they interact with investors, and the role they play in helping Australians build their wealth.

BlackRock Sovereign Risk Index: Singapore and Taiwan debut in top 10

BlackRock today released the results of its latest BlackRock Sovereign Risk Index.

Passage to India's riches runs far from smooth

Schroders’ decision to buy a stake in an Indian fund management company at the end of last month underlines the asset management industry’s interest in a potentially large but challenging market.

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.

Alternative Investments