07/23/2015
Domestic net inflows into equity mutual funds in June were the second-highest ever - second only to January 2008 before the financial crisis took hold, according to data from the Association of Mutual Funds in India.
07/22/2015
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
With shareholders including Amundi, the IM Square platform aims to acquire minority stakes in “entrepreneurial” asset management companies in the US, Europe and Asia.
07/21/2015
Australia and New Zealand Bank (ANZ), the Melbourne-based bank with a market capitalisation of A$85 billion and assets of A$772 billion, said that India will become the growth engine for the Asia-Pacific (APAC) region.
07/21/2015
The proceeds will be used to develop 13 million square metres of warehouses in four years. GLP, which is the largest warehouse developer in China, Japan and Brazil, is the fund manager and holds a 56 per cent stake.
07/21/2015
Swiss-Asia, which on average added one fund per year during the 10 years since its inception in 2004, is benefiting after the Monetary Authority of Singapore in 2012
07/21/2015
The sale required months of negotiations with BrisCon's lenders to get them to agree to a standstill agreement in an effort to ensure the auction's integrity. A "yes" vote was finally attained last month, as revealed by Street Talk.