07/29/2016
After one of the big sales led by Goldman Sachs, $5 million of the cash raised for 1MDB traveled through shell companies and ended up in her Swiss bank account, the U.S. said in complaints filed last week.
07/29/2016
Business leaders, fund managers, analysts and former ANZ executives are stunned at the shift.
07/29/2016
Pakistan expects the promotion to prompt significant inflows from a new class of investors.
07/29/2016
GIC, formerly known as the Government of Singapore Investment Corp, manages Singapore’s foreign reserves with a focus on long-term performance.
07/29/2016
Noting the increasing numbers of Chinese joining the global super-rich 1%, the study said that “India has made no significant incursions into the global top 1%, despite rapid economic growth over the past two decades”.
07/29/2016
The manufacturing sector grew the most by 10.1 percent followed by the services sector and agriculture, which grew 6.7 percent and 2.6 percent respectively in the last fiscal year, Citi said on Wednesday.
07/29/2016
The aim has been to expand beyond HSBC’s retail banking and wealth management business – albeit this remains the foundation distributor and integral to the business.
07/29/2016
Overall, 37% of alternative assets are invested in Europe and 8% in Asia Pacific, with 5% being invested in the rest of the world.
07/29/2016
ANZ Bank believes the future of banking is about partnering with specialist providers that can provide new technology investments.
07/28/2016
Assets under management by non-bank financial institutions have increased.
07/28/2016
Increased tax transparency in Switzerland could lead to the super rich turning their gaze on other Asian havens such as Dubai, Qatar and Singapore, says Gopichand Hinduja
07/28/2016
Against the backdrop of a possibly prolonged world economic recession, they counted on the AIIB to find such a way.
07/28/2016
That’s the view of George Tharenou, Scott Haslem and Jim Xu, economists at UBS, who believe that it’ll provide a useful medium-term buffer for the Australian economy, particularly at a time when many are wondering what will drive economic grow
07/28/2016
Anda Asset Management now trails the industry’s second-largest player Mirae Asset Securities by 109 billion won.
07/28/2016
Commenting on the findings, the convenor of the Retirement Income Working Group, Anthony Asher, said the data confirmed research from other sources that a significant minority of retirees had, in recent years, run out of retirement savings before death.
07/26/2016
Asian investors are cutting back on leverage across the market and moving out of risky assets
07/26/2016
Kevin Talbot of Aviva Investors explains how the firm's outcome-focused philosophy is also a positive way to encourage investors to think, in a world where longer term and needs-based conversations are necessary.
07/26/2016
Banks know any management they hire will be naughty at times, and careless or clueless more often.
07/26/2016
With three of the APAC economies Japan, Singapore and Australia being among the top five countries with the longest average life expectancies, pension funds' confidence in their liability valuations has been seriously challenged.
07/26/2016
The number of ultra HNIs and their networth have witnessed compounded annual growth rate of 16 per cent and 18 per cent in the last five years