08/14/2015
Jack Ma Website With Junk Debt a Click Away Raises Risk in China
Default risks have also mounted in the nation’s private junk bond market, started in 2012.
Alternative Investments
08/14/2015
The Rohatyn Group to Divest Sharekhan Limited, India's Leading Broking Service Provider
Sharekhan, based in Mumbai, India, is one of the country’s leading online retail broking house and a diversified consumer franchise.
08/13/2015
Invesco Great Wall readies Shenzhen Connect fund
The joint-venture asset manager is preparing a mutual fund designed for trading on the upcoming Shenzhen-Hong Kong Stock Connect, despite market fears over delays to the scheme's launch.
08/13/2015
Sumitomo to acquire US insurer Symetra Financial Corporation
Upon closing, Symetra will become a wholly-owned subsidiary of the Japanese company, which will use its cash and deposits to fund the transaction.
08/12/2015
Bond managers reeling from PBoC's devaluation
The PBoC's surprise 1.9% devaluation of the renminbi has left a hole in bond fund managers’ portfolios.
08/12/2015
JP Morgan replaces NAB at Telstra Super
Telstra Super has replaced NAB Asset Servicing with JP Morgan Investor Services as its master custodian following a review and tender process.
08/12/2015
Chinese buyers making mark on Vancouver’s luxury housing
The new data offer fresh granularity into Vancouver’s cosmopolitan housing market, where the average cost of a detached house has soared to $2.23-million
08/12/2015
JD.com Billionaire Chairman's Wealth Drops On Alibaba-Suning Deal
The decline in JD’s shares price cut more than $500 million from Liu’s wealth yesterday
08/11/2015
Sun Life eyes AsiaPacific distribution expansion
The insurance and wealth group is looking at opportunities to grow its Asia distribution capabilities, with a particular focus on Singapore and Thailand. But the firm is concerned with achieving scale in new markets.
08/11/2015
Ethical Australian mandate for Northern Trust
As a full-service provider for Australia and New Zealand, Northern Trust offers solutions such as investment accounting and tax, unit registry services, investment operations, outsourcing and custody.
08/11/2015
Philanthropic fund on target
The dual mandate Future Generation Global Investment Company is on target to reach its initial investment amount with about half the funds raised.
08/11/2015
Polaris buy-out: Tech majors make bee-line for controlling stake in the company
They help large banks like Citi, Bank of Tokyo Mitsubishi and multi-national insurance giants build and maintain their technology backbone.
08/11/2015
Noble Group Said to Ask Deal Maker Klein to Review Options
Noble Chief Executive Officer Yusuf Alireza told investors on Monday that talks with potential parties were “ongoing.
08/11/2015
Macquarie, Morrison eye Pacific Hydro
The sales process for Pacific Hydro is starting to gather speed through advisers Bank of America Merrill Lynch and Credit Suisse.
08/11/2015
Marco Polo Hedge Fund Sees Year-End China Rally After Wild Ride
While Boesky predicts a rally by the end of the year, he is waiting for evidence that the government will be able to control margin debt.
08/11/2015
Ageas, Muang Thai Life Assurance and Military Bank establish a Life insurance joint venture in Vietnam
The joint venture will benefit from Military Bank's network of 217 branches with more than 2 million customers while leveraging the insurance expertise of Ageas and Muang Thai Life.
08/11/2015
Rise in Japan’s defined benefit segregated pension assets in 2014/2015
According to a report from Nomura Research Institute, 80% of EPFs’ assets are expected to be transferred to the government by April 2019.
08/11/2015
China policy lenders to issue 15 bln yuan in bonds offshore
Reuters reported in June that Chinese regulators would allow mainland financial institutions to directly issue bonds in Taiwan
08/10/2015
BlackRock is big Japanese pensions winner
The rise saw BlackRock become the second-largest manager of defined benefit pension assets in Japan behind Sumitomo Mitsui Trust
08/10/2015
Japanese investors may add U.S. munis to portfolios
Some pension clients not overly concerned about eventual rate increases could be attracted to munis because of their relative stability in “flight-to-quality” situations