Managers of Wealth Asia Pacific

Citic Bank Buys BBVA’s Stake in Financial Unit for $1.05 Billion

BBVA, Spain’s second-biggest bank, said last year that it sold 5.1 percent of Citic Bank to parent Citic Group Corp

CPI Financial: KFH Best Islamic Bank in the World

He indicated that KFH spares no effort to maintain its leading position as the best and largest Islamic bank

Shariah-compliant REITs could be a reality by 2015

For the first time ever, with eyes firmly planted on lucrative investments from the Middle East, many real estate developers are planning to launch Shariah-compliant REITs, or real estate investment trusts.

BDO buys largest rural bank By Julito G. Rada | Dec. 23, 2014 at 11:01pm

ONB had total assets of P28.1 billion, net loans of P19.7 billion and deposits of P17.9 billion as of Sept. 30, 2014.

Sharjah keen to attract Indian investments

Seeking to promote Sharjah as an investment hub, a business delegation from the emirate has held discussions with top Indian investors and industrialists.

Standard Life Investment Expands Global Footprint

The business now manages over £240bn of assets and has increased its operational and client servicing footprint, with further investment planned to support continued growth.

Pension, sovereign funds eye Mumbai’s commercial complex

Global pension and sovereign funds including Canada Pension Plan Investment Board, APG, Abu Dhabi Investment Authority are in talks with private equity firm Milestone Capital to acquire 1.12-million-sq-ft commercial property 247 Park in Mumbai

CDL sells Sentosa cash flows in Asia first

Singapore’s City Developments has sold the rights to present and future cash flows from a luxury development on Sentosa Island in a securitisation that is thought to be the first of its kind in Asia.

Wealthy nations tap fast-growing, emerging economies for entrepreneurship

China will remain the focus for Taiwan’s ETF space

Galvanised by a recent rally in China’s onshore equity market, Taiwan’s A-share-linked ETFs notched up significant uptakes in subscription and turnover in early December.

China’s insurers get green light for VC funds

The regulator said that investment capital should concentrate on supporting technology companies, small and micro businesses, and strategic emerging industries.

ICICI Bank out of Russia, trims foreign operations

Lender repatriates capital from its UK, Canada arms over macroeconomic uncertainties, strict regulations and tepid growth opportunities

Outright purchase of GIS

The State Bank of Pakistan through outright purchase of Government Ijara Sukuk injected Rs20.3 billion in the Islamic banking system on Thursday

Moore Stephens loses Melbourne office

Moore Stephens Australia has today confirmed its Melbourne firm will leave the Moore Stephens Network to join a rival international firm.

China, Chile seek enhanced trade, investment

Chile is trying to attract Chinese investors to do PPP when in Chile, with $15.2 billion infrastructure projects under way.

Fund executive turnover on rise in China

Rule changes have led to a rising number of mutual fund managers leaving to set up private vehicles and asset management bosses switching to new investment units set up by brokers or insurers.

RBI may cut rates early next year: C Rangarajan

HYDERABAD: The Reserve Bank of India may go for rate cut early next year as price situation is showing 'definite improvement', former chairman of Prime Minister's Economic Advisory Council, C Rangarajan said today.

Flipkart Closes USD 150M in Funding from Qatar Investment Authority

QIA is a new investor in Flipkart, which valued the company at around USD 11 billion. It has also made investments in companies like Tiffany, Barclays, Credit Suisse and holds a USD 1.2 billion stake in Indian mobile phone carrier Bharti Airtel.

Janus boosts Asia offering with four new funds

Janus Capital has significantly expanded its Asia and Japan offering with four new equity funds.

AMP Capital receives global infrastructure commitment from Ontario Pension Board

AMP Capital has received a US$200 million commitment, with additional co-investment rights, from Canadian pension plan Ontario Pension Board to invest in its global infrastructure strategy.

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