Managers of Wealth Asia Pacific

Kiwoom eyes expansion after acquisition

The Korean firm has pledged to bring more global and alternative solutions to local investors after its acquisition of $20 billion Woori Asset Management was finalised yesterday.

Asian nations pursue growth of catastrophe insurance and reinsurance markets

Asian nations are working to grow their catastrophe insurance and reinsurance markets

Maybank launches funds under ASEAN passporting scheme

Both funds have been launched under Maybank AM’s Maybank Focus Funds umbrella structure

Centric Wealth beefs up domestic equities portfolio, appoints Vinva to manage $100 million

Centric Wealth, part of the Findex Group, has announced the inclusion of Vinva Investment Management to its Australian Equities portfolio via the launch of Australian Equities Extension Fund

Aust bonds firm as ECB mulls more stimulus

German inflation would give ECB the scope it needs to carry out this economic stimulus

Maybank AM launches Asean passport funds

The Monetary Authority of Singapore has given the products the green light, but industry observers highlight that regulators in Malaysia and Thailand have yet to do so.

Mytrah Energy Raises Funds From Merrill Lynch, Apollo Global

AIM Listed Mytrah Energy has raised INR430 Cr from Merrill Lynch International and funds managed by the affiliates of Apollo Global Management to refinance the company’s existing debt and finance new wind power projects.

Pakistan raises $1b through Sukuk bonds

The transaction is expected to restore international investors’ confidence

India-focused hedge funds up over 40 pct YTD - HFR

Hedge funds invested in emerging markets have seen sharp declines this year, led by Russia and Latin America, but India stands out as a bright spot.

Kuroda Bond Splurge Crowds Out Individual Buyers: Japan Credit

Despite the effort, sales have not picked up a much as the ministry had hoped

AMP Capital builds on property funds for busy investment year

AMP Capital has raised close to $2 billion across Australia and New Zealand through its unlisted property funds, and will use the money to expand the portfolios in the coming year through investments across all commercial sectors.

Stock Connect does not prove China investment theme

If it improves efficiency and market access, that’s equally good

Korea Exchange, Dubai Mercantile Exchange (DME) announce cooperation

KRX and DME will work together to develop crude oil futures trading in the Republic of Korea, with a particular focus on developing an energy trading ecosystem around the National Oil Hub Project in Ulsan, Korea.

Former Permal Managing Director Plans Asia Fund of Hedge Funds

Zhang’s Pacrise Investment Management is awaiting approval from the Monetary Authority of Singapore to start the fund, he said in a telephone interview from the city-state yesterday. It will invest in five to 10 hedge funds initially.

SGX to launch bond trading platform

Singapore Exchange has announced its intention to launch a bond trading platform by mid-2015.

Nest And Asian Insurance Giant AIA Launch Startup Accelerator In Hong Kong

Hong Kong’s close proximity to manufacturing hubs like Shenzhen, China, and its small but growing startup ecosystem will make it a fertile growing ground for wearable tech startups.

SummitView Capital raises $1.7B private equity fund with Shanghai government for chip investments

The signing ceremony took place on Monday and was chaired by Shanghai’s vice mayor, Ai Baojun, and the vice secretary of the Shanghai government, Dai Haibo.

Lower profits deterring M&As in insurance business

While there is no regulatory bar on mergers and acquisitions in the insurance industry, lower profitability, delay in achieving breakeven point and divergent valuation expectations are some of the issues that are coming in the way of M&As in the insur

Kotak Mahindra Bank to foray into general insurance business

Will have to apply for licenses from Irda and the approval process is expected to be completed by the end of June quarter next year

Top insurance broker JLT to launch India ops next month

This is the first investment by a global firm following the global financial crisis.

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