10/31/2016
Islamic bank Al Baraka Banking Group to expand network in Pakistan
The merger is expected to take effect from the last quarter of this year.
Alternative Investments
10/31/2016
Mortgage brokers face crackdown on commissions
Mortgage broking is one of the last bastions of volume-based commissions in the financial services industry.
10/31/2016
PIMCO to take RE in-house
PIMCO will then be the RE for the funds available to Australian investors
10/31/2016
Chinese, Hong Kong investors leading post-Brexit London market bounce-back
The United Kingdom’s property investment climate has started to stabilise in the wake of Brexit.
10/31/2016
Japan life insurers look to diversify foreign bond holdings
Their latest investment plans, however, show that the insurers are attempting to move beyond mainstay foreign bond investments such as Treasuries and into a wider variety of credit instruments.
10/31/2016
CreditEase chief calls for patience in equity investment
Private equity investment has three features: a high return rate, a long return period and high-risk, according to Tang.
10/31/2016
Metlife looks to exit India insurance venture
It’s not clear whether other investors will look to exit.
10/31/2016
LMEshield to launch in People’s Republic of China
In parallel with the pilot programme, the LME will work with other warehouse companies – alongside relevant Chinese regulatory authorities
10/31/2016
Former Deutsche Bank Asia CEO Gunit Chadha to head Everstone’s NBFC
Chadha will steer the private lender towards retail segment from its already established corporate focus
10/31/2016
Strong China-Africa trade to influence renminbi
China is working to restructure its domestic economy – away from commodity consumption-driven infrastructural and industrial development
10/31/2016
Chow Tai Fook Enterprises Eyes Buying Stalled Baha Mar Resort
The Hong Kong-listed developer, however, is in for a stiff competition at the negotiating table.
10/30/2016
Dubai International Financial Centre welcomes European wealth and asset manager Pictet
DIFC continues to play a pivotal role in meeting the growing financial services needs of the region and serves as an ideal destination for international businesses.
10/30/2016
Hedge fund rookie seeks bold action amid low rates
Trinity Multi-strategy Private Equity Fund was the second highest in yields rate among hedge funds in the market
10/28/2016
AMP takes $910 mln hit as scandals take toll on Australia life insurers
The industry has seen consistent deterioration over the course of the year that had significantly impacted its life insurance division.
10/28/2016
Update 3-AMP takes $910 mln hit as scandals take toll on Australia life insurers
Shares slide 10 pct to mark 2-year low
10/28/2016
Singapore property investor, partner pump US$115m into Seychelles project
The villas range from around 200 square metres to 500 sq m each. Perched high up on the island is The Six Senses spa, which is slated to open early next year.
10/27/2016
CapitaLand sets up $2b fund in China
The remaining interests will be held by major investors from Asia, North America and the Middle East, including new and existing investors.
10/27/2016
Elders inks deal with ninth practice
Elders Financial Planning has experienced strong regional and suburban growth in 2016, including adding practices in Brisbane.
10/27/2016
Asset manager Carmignac enters Taiwan market
Carmignac announced its arrival in the Taiwanese market
10/27/2016
Japan Will Give The Philippines More Aid Than China
Agreements involving Chinese companies will help develop energy, mines, ports and railways in the Philippines.