08/11/2017
Vietnam's FPT sells 30 pct of subsidiary to investment funds
FPT Digital Retail's profit before tax in the first half of 2017 rose 44 percent from the same period last year to 141 billion dong ($6.2 million), FPT said.
Alternative Investments
08/10/2017
Manulife eyes US$2b more of Asian office assets
The target is set to double the firm's direct real estate holdings in the region from some US$2.2 billion now
08/10/2017
Heffron acquires superannuation advice specialist
Formica and her team will report to Meg Heffron in her role as the leader of the education and training functions within Heffron.
08/10/2017
Banking, investments deliver in H1 for AMP
The steps will both free capital and reduce earnings volatility, Chief Executive Craig Meller said.
08/10/2017
Japan Post Q1 profit up 26 pct on banking arm's forex gains
Q1 profit 104.5 bln yen, up 25.7 pct on year
08/09/2017
AMAC critical of imbalance in China’s mutual fund industry
MMFs have garnered considerable market share in recent years.
08/09/2017
BBVA joins Singapore-based trade finance platform
This step is closely linked to BBVA’s digital strategy to actively participate in the FinTech ecosystem and drive innovation to explore new digital solutions. It also develops the Trade Finance business.
08/09/2017
Japanese investment in Cambodia set to rise
The expanding of investments such as Minebea and Aeon Mall reflects strong confidence in the Cambodian government.
08/09/2017
91-year-old Manulife agent sets world record for longest sales career
With a blend of professionalism and passion, he became one of the insurer’s most successful agents.
08/09/2017
Tata Group draws up restructuring plan, hires bankers to sell or merge misfiring businesses
Chandra’s priority of restructuring Tata “is evident from the fact that the first set of core team members have come from investment banking and legal background,” Harish said.
08/09/2017
Nine brokers hired for Magellan Global Trust raising
Magellan's brokers are expected to target the companies existing investors as part of the raising, with a priority offer for Magellan shareholders.
08/09/2017
Harvest launches FTSE China A50 ETF in Shanghai
The FTSE China A50 Index represents the 50 largest A-Share companies by market capitalisation
08/07/2017
Quantifeed and XTB launch first XTB 'Floater' model portfolio for retail investors
The XTB Active Cash Australia model portfolio has been developed by Quantifeed amid the growing demand from investors for a liquid yield alternative to bank deposits.
08/07/2017
SC Capital launches $1b Asia realty fund
The most recent of them was an $850 million fund that was closed in late 2014 and is fully invested currently.
08/04/2017
One of China's leading marketplace lenders has raised $220 million to fuel regional growth
It seems Dianrong is wasting no time, as Htite disclosed that it has already begun talks with firms in these markets.
08/04/2017
Korea Post Savings calls bids for global equities market mandate
The RFP does not say how much funding the four managers will receive.
08/04/2017
VinaCapital fund snaps up stake in Vietnam toll-road operator
The private placement gave us the opportunity to acquire a meaningful stake at an attractive price in a company that has a long track record of results and a strong pipeline.
08/03/2017
Sequoia Capital China targets raising $1.5 bln in new yuan fund
Fund managers are also looking to benefit from growing sources of capital at wealth management firms.
08/03/2017
Changing market dimension
The initiative is important for bringing in a defined contribution pension scheme to the country’s civil servants.
08/03/2017
Warburg confirms Fortune SG buy, pledges “full support” to management
Warburg is firmly optimistic about China's asset management industry and the long-term growth prospects of the mutual fund business.