11/30/2018
Wilson triumphs in stoush over Blue Sky fund
The board had previously wanted to exclude Mr Wilson's proposal from a vote.
Alternative Investments
11/30/2018
Gaw Capital consortium buys Ocean Towers office building in Shanghai
He pointed to the Shanghai’s economic development which has surpassed all other cities in China with 6.9% growth in GDP.
11/30/2018
Corporate and industry super funds unite
Tasplan chair Naomi Edwards said the fund is thrilled to be aligning with another longstanding Tasmanian business.
11/30/2018
Hong Kong tycoon Walter Kwok's sons inherit US$3.1b stake in developer.
The filings don't disclose the exact shareholding of each son.
11/29/2018
BNY Mellon IM in HK fund push
In total, the firm registered six funds with the Securities and Futures Commission this year.
11/29/2018
NAB keeps its cool over Open Banking implementation
Whereas competitor Westpac has predicted a damage bill of around AU$200 million, the National Australia Bank believes its internal transformation will allow it to comply without impacting its pocket all that much.
11/28/2018
AXA to buy out China joint venture partners for 4.6 billion RMB
The deal includes AXA buying back its Chinese partners’ shares in AXA Tianping for 1.5 billion RMB in a capital reduction exercise.
11/28/2018
Hong Kong finance sector M&A deals fall prey to China crackdown
Two insurance companies have called off Hong Kong deals worth a combined US$1.4 billion, with sources saying Chinese suitors struggled to move funds offshore.
11/28/2018
Vietnam overtakes Singapore and Hong Kong in IPO fund market
The rise of Vietnam’s capital market was largely attributed to the Vietnam government’s privatisation drive and market reforms, strong interest from foreign investors and local funds, as well as a high gross domestic product growth of 6.
11/28/2018
Remittances: Filipino expats in UAE save, send home Dh5.5 billion in 9 months
Latest remittance figures show how much money OFWs are able to set aside this year
11/28/2018
UOB Expands in Indonesian Asset Management
UOB Asset Management entered a deal to acquire 75 percent of Indonesia-based PT PG Asset Management.
11/28/2018
Indonesia to consider more easing of liquidity rules in 2019
BI has raised rates six times since May to defend the rupiah.
11/28/2018
Aberdeen Standard maps countries on ESG credentials
The research found that, without globalisation, poverty reduction in developing nations would not have happened over the past 20 years
11/28/2018
Shanghai and Singapore set to strengthen financial linkages
Financial cooperation between Shanghai and Singapore achieved many fruitful outcomes with greater economic and trade linkages between China and Singapore.
11/28/2018
China's pension fund reaps 5.23 pct in investment return last year
Locally-managed pension funds in China are traditionally stored in banks or used to purchase treasury bills with annual yields up to two or three percent
11/28/2018
Line crosses into banking with Mizuho tie-up
New venture to offer deposits and loans via smartphone
11/28/2018
Oriental Bank in talks to sell stake in life insurance JV
While Oriental Bank hasn’t disclosed the valuation of its stake in Canara HSBC Oriental Bank Life Insurance, it has hired ICICI Securities as manager for the potential stake sale
11/27/2018
Singapore's GIC and Australia's Dexus form A$2 billion logistics trust
The trust will also acquire "three development opportunities with a total future completion value of A$500 million", and will “continue to pursue an acquisition and development strategy targeting core logistics properties in Australia
11/27/2018
Financial inclusion must be done right
It requires a model that promotes responsible financial behaviour and fintech firms with a purpose-driven mission.
11/27/2018
Gender split sees new investment industry focus
"Diversity is a key driver of innovation, essential for growth and consistent returns for investors."