Managers of Wealth Asia Pacific

The rise of the Asian superbroker

Global banks have had a tough time in the past five years. Soaring capital adequacy ratios and ballooning compliance costs have forced them to look carefully at their business models and cost bases.

Sri Lankan central bank strikes deals to invest in India and China

Central Bank of Sri Lankan governor Ajith Cabraal signs agreements with Indian and Chinese counterparts in effort to ‘diversify reserves management’

Ex-Chinese Banking Executive Raises $8 Bln for Private Firm

The new venture and bank have similar names and Mr. Dong is bringing with him some previous employees at the bank. But the two entities aren’t legally related, so it remains unclear whether they will collaborate.

Covered bonds on the cards at last in Singapore

Covered bonds are senior secured notes, secured against a specific asset pool that remains on the issuer's balance sheet.

Singapore hub a hit with insurers serving Asia-Pacific

The agency noted that the Singapore authorities liberalised entry into the direct insurance industry

Former chairman of Minsheng Bank sets up $8 billion investment fund

Other investors hail from the manufacturing, metallurgy, e-commerce sectors, among others

China likely to issue offshore Renminbi bonds

The sources in Minister for Planning, Development and Reforms said that minister Ahsan Iqabal will lead a delegation to Beijing to finalise agreements prior to the visit of the Chinese President

Macquarie shuts down suspended van Eyk funds

Macquarie Investment Management has moved to terminate four van Eyk blueprint funds that were suspended last month following an illiquid investment.

SuMi Trust Expands Tokyo Office To Serve Asian Clients

Besides serving existing clients, the team is working to expand SuMI's presence in the region.

Deutsche Bank lays seeds for future with warrants in Japan

The market for contracts sold to investment banks expanded fivefold

OCBC to divest properties for expansion of business banking interest

OCBC had sent out feelers for the possible divestment at the right price

RSA sells Singapore, Hong Kong ops

RSA Insurance Group has reached agreement, subject to regulatory approvals, to sell the insurance business of each of its branches in Singapore and Hong Kong to Allied World Assurance Company, Ltd.

Taiwan banks readying suite of RQFII funds

Bank SinoPac, Citibank, E.Sun Bank and Taishin have all expressed interest in adding RMB-denominated qualified foreign institutional investor funds to their OBU platforms to provide access to mainland China’s onshore securities market.

Franklin Templeton launches 'Shubh Laabh' in Sitapur

Franklin Templeton Investments (India), one of the largest mutual fund houses in the country have launched 'Shubh Laabh' - an initiative to help people learn, invest and prosper through mutual funds.

Christie's Auctioneers Unveil New Shanghai HQ In Historical Landmark Building

The Art of The Horse, will be the opening exhibition at Christie's Shanghai on 21 October and tours to Hong Kong in November.

Schroder unveils global asset allocation fund

The fund aims to provide investors with steady monthly income from the portfolio yield

L Capital looks to deploy $250 mn of its $1-bn Asia PE fund in India

L Capital Asia is understood to be looking at as many as four significant opportunities to invest in the near future

Maybank gets nod for up to RM10bil AT1CS programme

The bank has also received approval from Bank Negara for the establishment of the AT1CS programme.

Dimensional latest to join Calastone network

Global asset manager Dimensional Fund Advisors has become the latest manager to join Calastone's automated global transaction network service.

How to run a $1 billion fund after both your co-founders go to jail

What do you do when two of your business partners—among the biggest names on Wall Street—are sent to prison for their involvement in the largest insider trading fiasco in decades, leaving you to manage $1.4 billion of investments in South Asia

Alternative Investments