06/29/2018
British drugmaker Shire is being acquired for $62 billion in Japan’s biggest-ever overseas purchase, and a consortium led by SoftBank Group bought a stake in Uber Technologies for $7.7 billion. ,
06/28/2018
Under the approved restructuring plan, Hong Leong Asia will transfer its equity stake in Xinfei to new investors at zero consideration.
06/28/2018
NaviCom International Investment chairman Alistair Mitchell said: “As a major financial centre, Singapore is recognised for its quality governance controls over a well-developed capital market and financial system."
06/28/2018
Tempo was founded in late 2013 and employed an equal-weight country quantitative process to invest in global equities.
06/28/2018
AMP has described the conduct in question as “historic” but ASIC’s statement alleges the behaviour occurred in 2013 with an investigation commenced in 2014.
06/28/2018
Hermes sees that goal as "realistic" even though — with anticipated growth for the broader portfolio over the next five years
06/28/2018
The regulator said a study of hundreds of cases had found the unlawful advice ranged from poor record keeping to actions likely to result in significant customer losses.
06/27/2018
“We are building a stable business by diversifying geographically and operationally,” Nagano told Reuters.
06/27/2018
“We are bullish on not just the insurance business (in Asia), but wealth management and asset management as well,” Dean Connor told Reuters
06/27/2018
This will be contributed by an increase in revenue and improvement in operating expenses (2017 core earnings growth: 10.6%).
06/27/2018
The report identifies them as Thae Khwarg, a former head of Barings’ South Korea asset management arm; Dong-min Lee, former CIO of Bank of Korea, and Young-mok Yoon, former head of the NPS’s strategy unit.
06/27/2018
“The EMEAP also believes that PAIF Securities Lending will help to enhance the functioning of regional money markets.”
06/26/2018
Causeway Capital's Harry Hartford says value-style investors, who traditionally seek out stocks which are trading below their intrinsic value
06/26/2018
Over the short term markets can easily move against the best investors in the same way as they can sometimes unduly exaggerate positive returns if everything falls into place regarding an investor’s timing.
06/26/2018
An Asian Development Bank official outlined directions a reformist North Korea could take towards economic development, but many questions remain
06/26/2018
We think agency has a big role to play in this under-penetrated market
06/26/2018
The funds offer JPY as well as USD hedged and EUR hedged share classes, and have an initial capital of USD20 million each.
06/25/2018
Up to 98% of its net asset value will be invested in a portfolio of shariah- compliant investments.
06/25/2018
The new launch expands Samsung (HK)’s stable of ETF and leveraged and inverse (L&I) products in Hong Kong to six.
06/25/2018
Rising bond yields, improved economic outlook and strengthening currency have acted as a tailwind for the US equities