Managers of Wealth Asia Pacific

Reliance Capital-Nippon deal to come up before EPFO

The agenda listed for the CBT meeting states that Reliance Capital Asset Management Ltd has sought EPFO's approval for the stake sale to the Japanese firm.

ICICI Bank Q1 profit jumps 36%

The bank was dealt a severe blow by the global financial crisis as its bold bets on consumer loans soured but has subsequently cleaned up its books.

Black’s Apollo Seeks Capital for Asia Real Estate Funds

About 388 buyout funds tied to Asia are in the market to raise a combined $130 billion, according to Preqin, a London- based firm that provides research on alternative-asset managers.

Citigroup Follows Goldman, UBS With China Brokerage Venture

The joint-venture will engage in investment banking business in the Chinese domestic market, including equity and debt securities underwriting.

CLSA ECM, Asia Plus Securities partner in Thailand

The agreement covers CLSA’s investment banking services in Thailand only, which include equity public offerings and M&A advisory.

SMX Proposes Introduction Of Negotiated Trade Facility

The Negotiated Trade facility will allow participants to report the details of a large trade that has been privately negotiated outside of the exchange's trading system and which meets the exchange's prescribed minimum thresholds.

Bank of Taiwan Chairman Burnishes Bid to Clear Yuan Transactions

The central banks of Taiwan and China are discussing an agreement that would allow settlement of transactions on the island in the Chinese currency as relations warm between the former rivals.

Asian advisers wary on property but positive on regional stocks and gold - report

Financial advisers from Hong Kong feel particularly strongly that the sector is heading toward bubble, with nearly two fifths (38.9%) sharing this view.

UK asset manager plans new Asia office

UK asset manager Jupiter, which this morning beat analyst expectations with its first-half figures, will open a new sales office in Hong Kong this year as part of global expansion plans, according to its chief executive.

Investing in Asia conference opens for business

The conference is the first major event to specifically target the opportunities and showcase what Australian firms need to do if they wish to become part of the world's most dynamic economic region.

Milltrust adds first hedge funds to emerging markets platform

Milltrust International Group has added the first three funds to its emerging markets platform. Further additions are planned for later in the year and early 2013.

Malaysia targets the rich to boost numbers

Tourism Malaysia international marketing director for South Asia, West Africa and Africa Zulkifly Md Said, said they would be targeting countries with large populations, Asiaone reported.

BMO Completes Strategic Investment in COFCO Trust Co.

The completion of the acquisition followed receipt of all required regulatory approvals. Terms of the deal were not disclosed.

Citic Buying CLSA Gives China Most Autonomous Asia Broker

. On July 20, Beijing-based Citic said it had bought a 19.9 percent stake in CLSA and planned to purchase the remaining shares by mid-2013 for a total of $1.25 billion.

The Greater China Fund searches for replacement of current investment manager

The process in place for finding a successor to Baring includes requesting proposals from a short list of highly regarded investment managers as well as consultation with major shareholders. The process is intended to result in the identification of a wel

Maybank upbeat on growth

He was speaking to reporters here on Tuesday after Maybank Foundation's breaking of fast with senior citizen, orphans, single mothers and the physically challenged.

KDB ends talks on HSBC retail unit ‎

KDB is seeking to beef up its retail financing business, which is smaller than its corporate-financing and investment-banking operations, before it expects to go public later this year.

Russell launches China A Equity fund

The fund is supported by a specialist manager research team based in Shanghai through Russell's joint venture Ping An Russell Investment Management.

ING Said To Plan Breakup Of Asian Insurance Unit In Sale

The company is currently in discussions with Manulife Financial Corp.and AIA Group Ltd. for the Southeast Asian operations, and with both firms as well as KB Financial Group Inc.for those in South Korea, the people said, asking not to be identified becaus

China's CICC to launch fund with Brevan Howard

China International Capital Corp. Hong Kong Asset Management Ltd. and U.S.-based Brevan Howard plan to establish a fund of funds that will invest in a range of funds managed by Brevan Howard, the asset management company said in a statement.

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