Managers of Wealth Asia Pacific

Singapore Exchange to launch physically backed gold contract

The current price benchmark for gold is the so-called London

PE India Star likely to exit Global Offshore

A source close to the development said India Star has already sounded some global shipping giants

Manulife Financial's Global Growth on Track

The company’s presence in Asia, which dates back to over a century ago, gives it a competitive advantage.

Tiger Management Backing New Asia-Focused Hedge Fund

Long considered one of the savvier long-term investors in the industry, the 81-year-old Mr. Robertson shut down his own hedge fund in 2000 and shifted to doling out his money to other managers.

New China Real Estate IPO May Spawn Country's Latest Billionaire

China had a record 152 billionaires on the 2014 Forbes Billionaires List

StormHarbour Said to Invest in Hedge Fund Manager Asuka

The investment is part of StormHarbour’s efforts to diversify from corporate advisory and trading into asset management

Allfunds to target Singapore and Saudi Arabia

The exact date of Selant’s appointment in the Middle East will be announced shortly

China Buys Canary Wharf Group's Skyscraper for £795m

China has snapped up one of London's most iconic skyscrapers for £795m from the Canary Wharf Group.

Amnesty scheme mooted to lure offshore black money

The industry body paper states that the government should not use the revenue for bridging its budget deficit

Growing demand spurs borrowing costs of offshore yuan in Hong Kong

Borrowing costs soar as banks tighten lending and more remittance channels are available

Weak market and regulatory scrutiny unsettle bankers

With the equities business slow and appetite for new offerings poor, IPO advisers arebeing forced to diversify into other services

Thai tycoon to raise close to $300 mln in Singapore hospitality trust IPO

The listing of Frasers Hospitality Trust (FHT) marks the first step in merging the property assets of Charoen's business empire, including Frasers Centrepoint Ltd and his TCC Group.

New Zealand set for record bond year

New Zealand's local currency bond market is poised for a record year, spurring hopes that high demand for the Kiwi dollar will attract new names.

Japan: Securities firms marketing asset management in hand

Wrap accounts aim for stable long-term profits by diversifying investments across multiple assets

Union Bank of India Enters Antwerp’s Diamond Industry

Diamond companies rely on financing, with dealers using credit

China Everbright Invests in Prestige Capital

Prestige Capital will be renamed as Everbright Prestige Capital Asset Management

India: Gold jewellery exports in FY15 seen jumping by a quarter

There are indications of a relaxation of policy on gold imports

Swiss-based hedge fund group plans Chinese and U.S. buying spree

The merger with EIM, which is still pending regulatory approval, brings total assets to around $8.5 billion which Gottex hopes to grow to $15 billion within five year.

Bank of China Wins the First Yuan Clearing Deal in the Euro Area

The People’s Bank of China appointed Bank of China Ltd. as the first bank in the euro area able to clear payments in the Chinese currency.

British insurer RSA to sell Asia unit in up to $500 million deal: sources

The sale is part of a group-wide restructuring led by new Chief Executive Stephen Hester, after losses caused by extreme weather and accounting irregularities at its Irish division hit its finances and prompted the departure of several senior executives.

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