Managers of Wealth Asia Pacific

Hedge fund flows help Asiya assets to $1bn

The Hong Kong-based asset manager has doubled its AUM since the start of the year to $1 billion, helped by allocations to its hedge fund strategies.

Taiwan bank eyes Aabar's RHB stake?

News reports that Taiwanese financial group Mega Financial Holding Co Ltd is in talks to buy into RHB Bank Bhd has led to speculation that the interested seller is likely to be Abu Dhabi’s Aabar Investments PJSC.

Australia: Euroz buys rival broker

Euroz has snapped up rival Perth broker

Soros Alumnus Launches India-Focused Hedge Fund

Sam Gupta's Grand Trunk Capital launched the India Opportunity Fund with money from friends and family but has teamed with Morgan Creek Capital Management to raise up to $200 million for the new venture

Citic Pacific Agrees to Sell $5.1 Billion Stake to Investors

Citic Pacific Ltd., which is acquiring $36 billion of assets from its state-owned Chinese parent, agreed to sell $5.1 billion of shares to investors including the country’s social security fund.

India-focused hedge fund backed by Goldman Sachs exec hits $500 mn in assets

Steadview, an India-focused hedge fund seeded by Goldman Sachs chairman Mark Schwartz, has made 12 times the returns of peers with bets on consumer and tech stocks, helping the fund grow its assets to $500 million in nearly five years.

Global hedge fund assets hit record high in April

A total of $17.9 billion of new money was invested

Birla Sun Life MF acquires ING's Indian assets

Birla Sun Life Mutual Fund, India's fourth largest asset management company, has acquired Indian assets of ING Mutual Fund.

India's ground-breaking review of Depositary Receipts could open the door to increased foreign investment, says BNY Mellon

M.S. Sahoo Committee's recommendations will make investing in Indian companies more accessible for global investors and may encourage increased foreign investment into India

Commonwealth Bank profits boosted by investment performance

The group's completion of previously announced property transactions resulted in an $11 billion reduction in funds

Goldman to Citigroup Miss World’s Worst Selloff in China

The China reform trade is backfiring in the stock market

HSBC Private Bank Sees Chances in Backing New Asia Hedge Funds

HSBC is eyeing early-stage investments in Asia managers as rivals

Antarctica AM, Silverhorn Group form research and advisory partnership in Asia

Antarctica Asset Management and Silverhorn Group have formed a new partnership - Antarctica Asset Management Asia - to provide fund research as well as tailored advisory services for hedge fund managers and other clients.

Obscure Hong Kong firm manages 1MDB’s funds in Cayman Islands

The funds were invested through 1MDB’s wholly-owned unit Brazen Sky Ltd

Indian banks can offer structured derivatives abroad without RBI permission

However, such products will continue to be barred in India and banks will have to seek the central bank’s permission

Chinese Bitcoin Exchanges Planning to go Offshore to Escape PBOC Crackdown

Subsequently, a number of banks announced that they were withdrawing support for digital currency exchanges

China CITIC Bank prices Asia’s first USD additional tier 1 bonds

The deal was well-oversubscribed with an order book of US$5.7 billion

Trade with Qatar is very strong: Singapore envoy

Qatar and Singapore trade volume has reached $8bn last year

Asset managers face long haul in China passport scheme

The Hong Kong and Chinese authorities have released few details of the scheme, which is expected to be fully unveiled this summer.

Hiked fees for investors: Is your fund manager charging too much?

You might not have noticed it, but your mutual fund investments may have quietly become more expensive.

Alternative Investments