12/08/2014

Pressures Shelve India’s Islamic Finance

DELHI – State Bank of India (SBI) Mutual Fund has deferred the launch of Shari`ah Equity Fund in India, aimed at attracting investments from the country's Muslims, sparking rumors that the promising fund was suspended after pressures from Hindu

12/05/2014

Foreign managers urged to seek tie-ups in Asia

Foreign asset managers should seek local partnerships in order to exploit opportunities in Asian markets, due to cultural differences and regulatory obstacles, consultant Cerulli Associates claims.

12/05/2014

CP Group in talks to buy Citic stake

Thailand’s Charoen Pokphand Group is in talks to buy a stake in China’s Citic, in a move by the state-owned conglomerate to broaden its shareholder base.

12/04/2014

HK hedge funds urged to litigate in tax cases

Hedge fund managers in Hong Kong should consider litigating against the Inland Revenue Department in cases regarding their policies on taxation of remuneration, say industry participants.

12/04/2014

HSBC facilitates record-breaking RQFII bid

HSBC has facilitated the application for the largest ever renminbi qualified foreign institutional investor quota allocation, on behalf of South Korean firm Shinhan BNP Paribas Asset Management.

12/04/2014

NAB launches Australia's first certified climate bond

The NAB Climate Bond is also the first bank-issued bond to be certified in compliance with international Climate Bonds Standards, a benchmark to assist investors prioritise investments that finance climate change solutions.

12/03/2014

Won-yuan trading market opens in Seoul

To exchange the won and the yuan, one currency should have been swapped into the US dollar first to gain the other currency that is changed with the dollar later.