Managers of Wealth Asia Pacific

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

Deutsche Bank Publishes Tenth Annual Alternative Investment Survey

Deutsche Bank today announced the results of its tenth annual Alternative Investment Survey, which was conducted in December 2011 by the Bank's Global Prime Finance business.

Is China broadening its interest into white wine?

Figures from Vinexpo and seen by The Drinks Business, show that by 2015 white wine consumption in China could grow by a further 70 per cent.

Harvest, BNP Paribas launch fund investing in Mongolia

The fund went live in late 2011 and has since been investing in Mongolia. In so doing, Harvest became both the first Chinese and the first cross-border asset manager to take direct investment exposure in the country.

Eaton Vance expands fund management operations in Singapore

The $184.5bn Eaton Vance and is one of the oldest investment management firms in the United States, unveiled its business plan in the region. A report by AsianInvestor.net claimed that the fund management firm wants to focus on marketing bank loans, U.S.

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