Managers of Wealth Asia Pacific

Chinese billionaire killed in helicopter crash as he tours newly-acquired French vineyard

Businessman had been pictured outside a French vineyard he had bought hours before the helicopter he was travelling in crashed

Metlife to Form Strategic Partnership with Malaysia's AMMB

Signals MetLife's Ambition to Become a Leading Player in the Malaysian Insurance Market

BMO Global Asset Management Launches Frontier Markets Equity Fund

The new Fund will be managed by Lloyd George Management, a part of BMO Global Asset Management and a long time investor in Asian and Global Emerging Markets.

Christie’s launches in India to tap growing wealth

Christie’s held its first art auction in India on Thursday, aiming to tap into a budding market for prestige purchasing among the country’s fast-growing ranks of millionaires.

CFS Retail to internalise in $460m deal

One of the last few remaining externally-managed real estate investment trusts that were created more than 20 years ago, CFS Retail, has signed a $460 million deal with the Commonwealth Bank to internalise the vehicle

Capita launches Lloyd's Singapore policy and cash management platform

Capita Insurance Services has launched the first market service for the Lloyd's community in Singapore which will help brokers and managing agents with their policy administration.

Thai Tycoon Delays $780 Mln Property Fund IPO Over Political Troubles

The Thai real estate group controlled by billionaire Charoen Sirivadhanabhakdi has delayed a plan to raise at least 25 billion baht from selling a property fund to the public

ADB considering Islamic bond, sovereign insurance product

ADB is dedicated to reducing poverty in Asia and the Pacific through inclusive and environmentally sustainable economic growth and regional integration. In 2012, ADB assistance totalled $21.6 billion, including co-financing of $8.3bn.

HSBC unit taps into onshore debt market

Move by bank's asset management arm a key part of its strategy to take advantage of Beijing's sweeping plans to globalise the yuan

Woori To Close Bidding for Brokerage Unit

KB Financial Group Inc., the second-largest banking firm here, and state-run NongHyup Financial Inc.are widely anticipated to place their bids for the four affiliates, according to the regulatory and banking sources.

Challenger Acquires SMSF Business

Challenger Limited has entered into an agreement to acquire self-managed superannuation fund actuarial certificate provider Bendzulla Actuarial.

Invesco Asia Trust Trumps Benchmark Over Half-year

Invesco Asia Trust PLC Monday said its net asset value grew by 3.2% on a total return basis over the half-year, compared with a fall in its benchmark index.

Christie’s Makes Debut Into India With $8 Million Auction

The sale of 83 works set for Dec. 19 will be led by modern master Tyeb Mehta’s (1925-2009) work “Mahishasura,” which is estimated to sell for 75 million rupees ($1.2 million) to 95 million rupees.

Shangri-La to Invest $115M to Build New Hotel in Myanmar

Luxury hotel group Shangri-La International Hotel Management said it will invest $115 million for the construction of a new Lakeside Shangri-La hotel in Myanmar.

More Asia Hedge-Fund Managers Expect Higher Pay, Survey Says

The share of respondents anticipating their bonuses to increase climbed to 48 percent in a survey carried out in September by the Chicago-based executive recruitment firm

Prudential to push further into Asia as growth continues

Insurer sets outs "aggressive" growth targets out to 2017 focused on the rise of the region’s middle class

Citibank Becomes First Foreign Bank To Offer PRS In Malaysia

Citibank Bhd has become the first foreign bank to offer private retirement savings in Malaysia

Citibank becomes the first foreign bank to distribute Private Retirement Scheme

With this partnership, Citibank becomes the first foreign bank in the country to offer private retirement savings in its effort to deliver a complete suite of wealth management products and services locally.

Shanghai Considers Setting Up Bad-Debt Management Firm

Shanghai is considering setting up its own asset-management company following similar moves by the nearby provinces of Jiangsu and Zhejiang to clean up bad debt

Aegon Religare expects 15-20% growth this fiscal

Aegon Religare Life Insurance expects to grow at 15 to 20 per cent in terms of premium collection in the current fiscal

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