Managers of Wealth Asia Pacific

China’s luxury e-commerce market to be worth $27 billion in 2013

China’s ecommerce market looks set to be worth $296-billion in 2013 as China surpasses America

Deutsche Bank is new supervisor to Vietnamese open-ended fund

Initially established as a joint-venture company between a British investment firm and Sacombank—a large commercial bank in Vietnam—Vietfund Management is now a leading fund management company in Vietnam with approximately $200 million of AUM.

HSBC, Citigroup Win Approval to Sell Mutual Funds in China

This product offering not only supplements the existing range of wealth management products offered by foreign banks

BNP Paribas launches dealing services in Australia

The custodian has launched the service as a response to the increasing demand for outsourced services

Can Winsome Diamonds regain its sparkle?

With almost all its business transacted overseas, Winsome's exposure to currency volatility and gold prices had always been high.

Private banks mull exit from gold coin business

Gold import has been a huge concern for both the government and the central bank

Credit Agricole successfully launches an inaugural Samurai bond

This new issue comes as a result of a long and successful relationship established with the Japanese investor base

AMP warns its half-year profit likely to fall 13 per cent

Australian insurance and wealth management company AMP has warned investors that its half year profit is likely to drop by 13 per cent.

RBC defying gloom with push into REITs

RBC Capital Markets is defying the gloom surrounding deal flow in the Australian investment banking market,

Low-volatility strategies are gaining speed in Asia

One measure of whether those strategies — which aim to match or exceed market-capitalization-weighted index returns with a fraction of the volatility

China, Britain signs agreement on currency swap

Mervyn King, governor of Bank of England (BoE) and Zhou Xiaochuan, governor of People's Bank of China (PBoC), have signed an agreement to establish a reciprocal 3-year sterling/renminbi (RMB, or Chinese yuan) currency swap line

NRB‚ People's Bank of China sign investment deal

The Nepal Rastra Bank (NRB) and People's Bank of China--the central banks of Nepal and China signed an 'agency' agreement

AMP Capital lifts full-year fee income by 34%

AMP Capital Investors posted a 34 percent jump in fee income last year

China’s Wanda buys luxury British yacht maker Sunseeker

Dalian Wanda Group is buying British yacht maker Sunseeker and will develop a high-end London hotel

HSBC expands broker dealer outsourcing solution

HSBC Securities Services has expanded its broker dealer outsourcing solution to cover Europe, Asia, US, Latin America, Middle East and North Africa.

Indian hedge funds seek foreign money

The fledgling Indian hedge fund sector is looking to bring in foreign money as the initial response from domestic investors to this product has been tepid.

Fortress Asia Macro Fund Named “Best Asia-Based Macro Fund” and “Best Singapore Hedge Fund”

The fund was previously recognized by Eurekahedge, the world’s largest alternative investment funds research house, as “Best New Asia Hedge Fund” in 2012.

Preqin says growth in Asia Pacific credit markets should create opportunities

A new study from Preqin finds that the Asia Pacific hedge fund industry is dominated by long/short equity hedge funds.

ICICI Bank raises $106 m in Chinese bond market

India’s largest private sector lender, ICICI Bank, on Tuesday raised Chinese Yuan (Renminbi) 650 million ($106 million) via bonds of three years maturity.

Dubai-based Eagle Investments acquires Sri Lanka brokerage and asset management firm

This acquisition will give investors from the GCC and wider Middle East access those markets through a fully integrated and highly qualified service proposition.

Alternative Investments