10/28/2015
Managed Accounts Grow in Prominence in Japan
Fund wrap products offered by managed accounts are growing in popularity with Japanese investors
Alternative Investments
10/28/2015
Great American Insurance Group Launches Singapore Branch Office, First in Asia
GAIC Singapore to support and strengthen Singapore’s position as leading insurance hub
10/28/2015
Insurance companies could pump up global property
If these Chinese insurance companies would get to the 15% mark, they would be capable of putting $240 billion into the real estate market over the next 10, 15 or 20 years
10/27/2015
Pimco Says Asian Clients More Worried About Returns Than Fed
Returns are likely to be depressed since Asia won’t be immune to slowing global growth, which is set to be “low” in the coming years
10/27/2015
Australia's NAB agrees to sell insurance arm to Nippon Life for $1.7 billion - source
The deal for Australia's second-biggest insurer by market share comes as NAB, like its industry peers, looks to raise funds to boost its capital ratio under new, stricter rules imposed by regulators.
10/27/2015
Japanese lenders vie for Bank Panin stake
Japanese banks are looking for growth in Indonesia, the world's fourth-most-populous nation, to help counter an ageing population back home and declining lending profits.
10/27/2015
Iran buys shares of AIIB multinational bank
Iran’s membership of the Asian Infrastructure Investment Bank is significant due to the fact that the bank is going to compete with the World Bank.
10/26/2015
ASX considers blockchain for clearing and settlement
The blockchain and similar decentralised ledgers use computers with advanced encryption
10/26/2015
Link Group IPO set to pop but investors eye risks to future growth
Link's Superpartners business makes money by clipping a flat fee
10/26/2015
Velu readies Rs 500cr early-stage fund
Storied healthcare entrepreneur G S K Velu is starting a family office with an initial corpus of Rs 500 crore for early-stage and growth capital investments.
10/26/2015
AMP raises $200m to boost capital base
The capital notes issue is part of the AMP group's ongoing funding and capital management strategy
10/26/2015
SinoPac to acquire brokerages
The company said it hopes to tap into the vast Asian markets by acquiring BEA Wealth Management Services and Tung Shing Holdings
10/26/2015
Fosun Launches P2P And Internet Finance Unit
The move marks Fosun's entry into the crowded world of P2P and Internet Finance start-ups in China, where at least dozens of newly established companies have received significant venture financing.
10/26/2015
General Atlantic to invest $173 mln in Indian wealth manager
IIFL Wealth plans to increase the number of its client-facing staff to 200 from 160 in the next couple of months
10/25/2015
Watching the new disruptors
DIsruption is coming to financial services, with a new wave, including robo-advice, threatening old ways once new themselves.
10/23/2015
Chi-X Australia’s licence and market rules extended to Derivatives Investment Products initiative to commence in 2015
The approvals and expanded licence are a key step in enabling Chi-X to offer a platform for trading derivatives and other investment products and expand the reach of its trading platform.
10/23/2015
China’s CICC Locks In 60% of IPO From Cornerstone Investors
The Chinese investment bank secures majority of its planned US$800 million listing slated for Nov. 9
10/22/2015
LME pledges support for China’s ‘The Belt and Road’ initiative
The China-Britain Business Council and China Chamber of Commerce in the UK also support the venture.
10/22/2015
J.P. Morgan wins two custody mandates
J.P. Morgan has won custody mandates from the Australian arms of two large UK-based fund houses.
10/22/2015
NAB to offer mFund trading
National Australia Bank is the first of the big four banks to offer ASX's mFund Settlement Service.