Managers of Wealth Asia Pacific

Mirae Asset adds senior ETF portfolio manager in Hong Kong

Mirae Asset Global Investments has relocated Jin Kim from Seoul to Hong Kong, to take up the role of senior ETF portfolio manager.

Equity and crowdfunding platform FundedHere starts operations

The company said the funding platform is built on a straightforward idea.

Indian, Singapore exchanges to launch offshore Indian sector futures

Indian and Singapore stock exchanges have announced their intention to introduce futures on Indian sector-specific index futures on the Singapore Exchange

ANZ CEO flags further restructuring of Asia business

ANZ, which has the most focus on Asia among Australia's major lenders

Why we need to bring bank distribution into a new age

How the majority of mutual funds continue to be distributed by banks in Asia is outdated, at best.

Barclays Capital Securities to terminate Taiwan operations

The move is part of the Barclays group's plan to cut its presence in Asia, the FSC said, adding that it has not heard of any other foreign securities firms that are withdrawing from Taiwan.

Edelweiss Asset Management to acquire JP Morgan’s Mutual Fund

Along with the schemes, EAML is committed to absorbing majority of employees of JPMAM ensuring business continuity as well as a platform for enhanced growth across the Edelweiss Group.

New World Development Wins Go-Ahead to Take Chinese Unit Private

The deal has gained the support of shareholders representing more than 97 percent of the stock on offer, both companies said in statements Monday.

Godrej Properties raises $275-mn through real estate fund, partners with Dutch firm

Godrej Properties Ltd, the real estate arm of the Godrej group, in a statement, said it has created a dedicated real estate funds management business in India and Singapore -- Godrej Fund Management.

Bond funds being rebadged 'absolute return'

Bond managers are increasingly using the phrase 'absolute return' to market their credit funds

Lazard Asset Management picked as Best Korean equities manager

AsianInvestor also picked Shinyoung Asset Management Co. as Best Korean equities manager under the large fund house category and Schroder Investment Management Ltd. as Best international equities manager.

New Chief of World's Biggest Pension Fund Facing Tough Start

A new manager to take the reins in a Japanese election year marked by volatile stock trading.

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."

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