Managers of Wealth Asia Pacific

Reliance Asset Gets Nod to Buy Goldman Sachs's Indian Fund Arm

The boards of both the companies have approved the transaction.

Cult Wines Expands into Asia

Cult Wines set to open office in Hong Kong in the first quarter of 2016 as it aims for annual sales of £50 million by 2020

E Fund Launched E Fund China A Enhanced Equity Fund in US Market

As part of our global expansion strategy, E Fund opened US office in August 2015.

DBS, Manulife tie-up takes aim at Asia’s growing insurance market

While Asia's middle class is increasing, it is also rapidly ageing, with citizens aged above 60 years old expected to triple to 1.3 billion by 2050.

Groupe Arnault and LVMH join Catterton to set up buyout firm

Under the terms of this agreement, L Catterton will be 60% owned by the partners of L Catterton and 40% jointly owned by LVMH and Groupe Arnault.

New World to Prepare Buyout Offer for $7 Billion China Unit

The stock not already controlled by Cheng’s companies is worth about $2.1 billion based on New World China’s last closing price

Indonesia to Issue Global Bonds in 2016: Finance Ministry Official

The country usually goes into the global market for dollar bonds only once a year.

Alibaba's Finance Arm Said to Seek at Least $1.5 Billion

The firm, known as Ant Financial, is speaking to potential investors including insurers and other financial institutions, as well as private equity funds and venture capital firms

PAG raises $3.6bn for Asian buyout fund

The fundraising comes at a time when there are conflicting trends about the extent to which there is a credit crunch in Asia.

China’s Tech Sector Likely Faces Tougher Sledding in 2016

Harsher fundraising environment prompts some startups to tighten spending, consider merging with rivals

Brookfield and KIC buy Berlin real estate

Brookfield Property Partners is the listed real estate business of Brookfield Asset Management, the global alternative asset group with more than $225bn under management.

A Door Opens to U.S. for Chinese Investors

Smartphone apps let middle class diversify abroad; a 3-minute registration

Nomura Retaking Top Samurai Spot Sees Bank Buffers as 2016 Theme

Sales fell 25 percent from a record in 2014 to 2 trillion yen last year

Sleeping with the enemy: big banks skirt confrontation to embrace fintech startups

Disruptions in the financial services space spur partnerships for apps and systems to detect fraud

Taiwan’s pension mandate outsourcing review

It has granted the funding of $520 million to each of managers under the three pension accounts.

Japan central bank turns activist investor to revive economy

We're willing and considering to add such a product

Major insurers on hunt for M&As

MS&AD Insurance Group Holdings Inc. is also “aiming for M&A deals in the United States”

Union Bank Gets CCI Nod for 49% Stake Buy in Asset Management Joint Venture

The fair trade regulator, which keeps a tab on unfair business practices across sectors, has approved the acquisition as the deal may not have an adverse impact on competition in the country.

Malaysia’s pension fund to sell UK building for £270 million

The sale proceeds are expected onshore in the first quarter of next year

Nine mutual funds get green light for HK

The funds have a net asset value of between 260 million yuan HK$310 million GF Juyou Mixed Assets Fund to 7.43 billion yuan ChinaAMC Return Securities Investment Fund.

Alternative Investments