07/25/2015

Softlogic Capital bounces strongly in 2014/15

The company which controls the financial services business of the Softlogic Group is however upbeat about its future prospects given its estimation of the high potential of financial services in Sri Lanka’s economy.

07/23/2015

BlackRock joins QDLP as Shanghai scheme expands

The world’s largest asset manager has won a licence and quota for Shanghai's alternatives investment programme. The move comes as China's rival cross­border schemes aggressively grow their business.

07/22/2015

Nomura to enter asset management business alliance

Nomura will take a 20 percent stake in the new company, while Japan Post Bank will take a 45 percent stake, Sumitomo Mitsui Trust Bank a 30 percent stake, and Japan Post a 5 percent stake.

07/22/2015

ICH Gemini launches private equity fund in Singapore

ICH Gemini said in a statement that its "wide footprint" in China will provide its investment companies with "access to the booming Chinese capital markets" and offer them exit strategies via a public listing or trade sale.

07/22/2015

Milford to raise performance hurdles

The fund manager wrote to investors this week to tell them it will have to beat the official cash rate plus 2.5 per cent to earn its bonus on the fund from September 1.