11/22/2019
Nomura’s China Joint Venture Receives Securities Business License
Nomura is committed to developing the capital markets and supporting economic growth in both Japan and China.
Alternative Investments
11/21/2019
Aviva restructures into 5 divisions, sells Hong Kong stake to Hillhouse Capital
Aviva set out several three-year targets, including a 12 per cent return on equity and a £300 million (S$527.1 million) net cost saving by 2022.
11/21/2019
Aviva shares drop as corporate shakeup leaves investors unimpressed
Its shares hit one-month lows and were down 2.9 per cent at 406 pence at 0813 GMT, one of the worst performers in the FTSE 100 after it outlined its new strategy.
11/21/2019
Super Fund of the Year named
"It does this by not losing sight of its primary mission: delivering solid reliable investment returns after fees year after year and providing just the right type of extra features and services its growing number of members need."
11/21/2019
Bahrain bank, China firm create $50m venture capital fund for Middle East tech market
The fund – MEC Ventures – will invest across sectors such as e-commerce, fintech, and technology ecosystem enablers
11/20/2019
Al Salam Bank and China's MSA Capital launch $50m regional venture fund
Chinese venture fund with $1bn of assets under management received investment from Bahrain's Al Waha Fund of Funds last month
11/20/2019
Neuberger Berman launches first Japan-based equity team
Kubota will be supported by two analysts, including Naoto Saito, who joined Neuberger Berman in September as a senior research analyst.
11/20/2019
ETFs in China could face fee war
As the ETF market starts to attract investors in China, passive products could face a fee-driven shakeout, according to a local report.
11/20/2019
Industry fund appoints new group insurer, ups indirect fee
The mandate change was effective September 28, with AIA now providing Intrust's members with death and TPD cover.
11/19/2019
Japan's Dai-ichi Life invests 200 million yen in education startup
Through this investment, our company expects to see a high return, and will also financially support, and continuously monitor the progress of Life is Tech’s endeavour,” Dai-ichi Life says in a statement on November 15.
11/19/2019
InCred Capital acquires L&T Capital Dubai, to foray into global wealth management business
Apart from L&T Capital, InCred also acquired Reliance Wealth recently, to foray into the asset, investment banking, and wealth management business.
11/19/2019
Islamic finance becoming a global force, says report
It states that the industry was successfully building upon its Shariah-based principles of ethical and sustainable finance and banking to attract new clients
11/19/2019
Japanese giant steps up global funds push with SMID strategy
One Asset Management said the fund would be focusing on companies with sustainable business models, which also have a differentiated competitive edge.
11/19/2019
Japan's top insurers seen to cut 1 trillion yen of foreign bonds on forex volatility
The US dollar has lost 4.4% against the Japanese yen over the past 12 months.
11/19/2019
Aviva’s Singapore and China operations not for sale
It is ‘exploring strategic options’ for its Hong Kong, Vietnam and Indonesia businesses
11/18/2019
2 cheap ETFs to buy for wealth and simple investing
Some of the best ETFs in the world like iShares S&P 500 ETF have incredibly low management costs and offer exposure to great underlying businesses.
11/18/2019
China retail investors desert money market funds
Although there were net outflows in the China onshore fund industry, equity products continue to gain traction, according to a recent report.
11/17/2019
Investors don't 'blindly follow' proxy firms, $430b fund manager declares
US-headquartered Russell is a top 30 investor in ASX-listed retailer Harvey Norman and also holds shares of Wesfarmers – two companies whose boards have in recent weeks criticised proxy firms which advise investors on corporate governance.
11/17/2019
AIIB expects investment worth $100 million a year in India's renewable projects
AIIB's big ticket investments include $500 million in Mumbai Urban Transport Project 3, $455 million in Andhra Pradesh Rural Roads Project and $450 million in AP Urban Water Supply Project.
11/15/2019
L&T Cap likely to sell Dubai Wealth business
The wealth book is estimated to be about $200-250 million which may be valued between 2 and 5 percent of the book size.