Managers of Wealth Asia Pacific

Manila’s ridesharing app U-Hop gets $7.4m funding for Asia rollout

U-Hop is an Uber for shuttle vans that’s fast growing in Manila.

UBI Banca to expand beyond Mena into South Africa and Far East

UBI Banca, which was converted into a joint-stock company in October, has opened three new representative offices since mid-2015 – in New York, Casablanca and the Dubai International Financial Centre.

China Post acquires Royal Bank of Scotland’s ETF business

The terms of the deal were not disclosed but the purchase was carried out by China Post Global, the group’s international fund arm, which was set up in Hong Kong last year.

Real estate bill to facilitate foreign direct investment

"It will bring overall financial discipline. The bill also provides comprehensive consumer protection which was hardly existed before," he added

Pacific Equity Partners through to StatePlus second round

This column understands PEP is taking counsel from Goldman Sachs.

Chinese hedge fund scramble as regulators clean up 'Wild East'

The new hedge fund rules aim to shrink a vast industry insiders describe as a "Wild East" rife with fraud.

Reliance Capital, Nippon Life conclude asset management equity deal

Thursday's transaction pegs the valuation of the asset management company at $1.3 billion.

Maples FS selected as administrator for new asset-based direct lending fund

"We appreciate the flexibility and adaptive nature in the fund servicing solutions that they offer and are confident in the team’s expertise and knowledge with credit and financing strategies."

Japan's Orix plans $1 billion U.S. private equity deals: source

An Orix spokesman confirmed the company has set up a private equity company in the United States but declined to comment on investments or any other details.

NIB, MCB start merger talks

Temasek owns NIB through its fund management arm, Fullerton Financial Holdings.

Global pension, sovereign wealth funds to invest $50 bn in infra

Indian infrastructure firms are trying to sell assets since they have to service long-dated liabilities, say analysts

European development bank opens new office in Tokyo

It also plans to reinforce cooperation with the China-led Asian Infrastructure Investment Bank and work on co-financing projects.

Maples Fiduciary opens in Hong Kong

Maples Fiduciary, a division of MaplesFS, has opened an office in Hong Kong, to expand the group's coverage of the region.

Point72, Balyasny Vie for Talent in Asia Hedge-Fund Shakeout

Acion Partners and Pinyin Capital Management Hong Kong that are recruiting employees amid a shakeout in the business, thanks mainly to their success in attracting deep-pocketed backers.

ACE Life, A Chubb Company, Wins Inaugural HKIM Market Leadership Award 2015

ACE Life achieved particular success last year with the establishment of its first Global Wealth Management Center in Hong Kong.

Japan Post Holdings Chief Taizo Nishimuro Likely to Step Down

Successor for the 80-year-old CEO could be the Japan Post Bank President Masatsugu Nagato

Nomura to Raise Pay for 3,700 Employees at Japan Brokerage

Nomura’s move brings total pay increases to eligible employees to 6.8 percent over three years, according to the statement by Japan’s biggest brokerage.

Guidance Investments buys 4 properties in Asean markets under its logistics fund

The four properties acquired are warehouses and distribution centers in Malaysia, Indonesia and Thailand, located close to transport hubs and highway networks.

Foreign investors make a strong comeback

The latest bout of capital inflows were due to improvement in risk appetite amid a rebound in global commodity prices, experts said.

Everstone Group on hiring spree, eyes stressed asset sales

Mehta's hiring comes within a week of the company inducting veteran investor Avnish Mehra as managing director in the private equity business.

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