09/06/2016
AllianceBernstein to acquire asset manager
AllianceBernstein has announced a definitive agreement to acquire Ramius Alternative Solutions LLC, a global asset manager with more than US$3 billion in funds under management as at 1 July 2016.
Alternative Investments
09/06/2016
Everbright said to hire top DBS banker Jerry Tse in Hong Kong push
MrTse will run the Shanghai-based firm's investment bank and principal investments business
09/06/2016
Japan announces US$30 billion financial support for Africa
Part of this amount will be allotted through cooperation with the African Development Bank.
09/06/2016
KB Financial Group explores sale of Hyundai Savings Bank
The group said it plans to sell the savings bank unit within two years after Hyundai Securities merges with the firm.
09/05/2016
China Grand Prosperity Investment to manage Nanjing Jianbei Fund
With initial committed capital of RMB2 billion
09/05/2016
Railway ministry plans $5 billion fund to finance projects
Railway ministry’s proposed fund, to be anchored by the World Bank, will be of seven years
09/05/2016
China at a crossroads
In the latest edition of Global Horizons, Alex Wolf, Emerging Markets Economist, examines a number of the complex issues the country faces at this point in its economic development, and considers what structural reforms are required to avoid a slowdown in
09/05/2016
AB to acquire hedge fund manager
AB acquired the manager to expand its multi-asset and alternative investment service offerings.
09/05/2016
Japan and emerging markets offer the best prospects
What is more, corporate earnings are gathering strength, even in emerging markets.
09/05/2016
The top-rated emerging market funds for any scenario
With many analysts expecting emerging markets to continue the upward trend seen so far in 2016, Chelsea Financial’s Darius McDermott gives his opinion and look at funds for investors looking to get into the market.
09/05/2016
Hong Kong manager launches emerging hedge fund program
OP Investment Management Ltd plans to invest up to US$250m in emerging managers on its hedge fund platform, in association with the Oriental Patron Financial Group.
09/05/2016
REYL & Cie Ltd advises on the cross-border sale of Hanoi French Hospital, a premier healthcare provider in Vietnam
HFH is particularly well-known for its practice in obstetrics, gynaecology and paediatrics.
09/05/2016
CIMB, Sompo ink Singapore deal to distribute non-life insurance products
CIMB Bank will market and distribute Sompo's non-life insurance products to its "300,000 and growing customers in Singapore
09/05/2016
Citic Securities Said to Have Mulled Selling CLSA Brokerage Unit
The acquisition of CLSA, known for its independent and sometimes irreverent research, ushered in an era of overseas expansion for Chinese securities firms.
09/05/2016
Merger Talks Abuzz In Mutual Fund Space: Report
Sources said L&T Finance has begun discussions for a possible sale of its Indian mutual fund arm, although the firm officially declined to comment on the same.
09/02/2016
Spring FG records modest NPAT rise
This was mainly driven by organic growth and its ongoing marketing campaign investments.
09/02/2016
Pradera announces joint venture to provide asset management service in Asia
Pradera Retail Asia will be headquartered in Hong Kong and brings Pradera's platform to Asia.
09/02/2016
Philippines: Ayala exits BVI legal support firm Integreon
Financial details of all deals were not disclosed.
09/01/2016
Custom House sets up shop in Shanghai
The firm has also hired Sunny Huang as a relationship manager; she will be responsible for new business development and the collaboration between clients and the firm.
09/01/2016
Negative rates force Nomura to end short-term investment fund
Nomura Asset Management stopped managing its money management fund Wednesday a product hit particularly hard by the Bank of Japan's negative interest rate policy. The 24-year-old fund invested mostly in short-term securities. Approximately 340 billi