Managers of Wealth Asia Pacific

Dagong Global gains market access to EU

Having gained authorization from the European Securities and Markets Authority (ESMA), the company will officially start conducting business in Europe on June 13.

Asia remains hot destination for Chinese investment

Asia is still the hottest destination for China's overseas investment, accounting for more than half of the country's total foreign direct investment, a report by global consulting firm KPMG and China International Contractors Association said.

Dublin-based equity firm to sell majority stake in luxury yacht maker

Its boats typically sell for nothing less than £400,000; with Dublin-born former Formula One boss, Eddie Jordan recently snapping up its latest top-of-the-range model for a reported £20m.

Chinese predators step up luxury push

The transaction is likely to be finalized before the end of June, the report said.

HFT looks overseas in bid for asset growth

"The rapid growth in [assets under management] we witnessed before 2007 will not come back. The market will be more rational and the next trend is for Chinese money managers to go institutional," he said.

Old Mutual Global Investors eyes offshore market in Asia

The firm is in the process of introducing its new brand in Hong Kong and Singapore after an unveiling in Taiwan last week. The Asian launch follows the UK held in March.

StanChart bets on transaction banking as trade flows shift east

"Our transaction banking business is constantly evolving. We are expanding our capabilities and coverage and constantly trying to fill the gaps across our network in Asia, Africa and the Middle East,

PIMJ joins Prudential Fixed Income’s global platform

Prudential Fixed Income, a fixed income asset management and advisory business of Prudential Financial (PRU), has added Prudential Investment Management Japan (PIMJ) to its global platform.

Canadian Investment Firm Opens First Overseas Office In Asia

The Singapore location is a continuation of the Firm’s focus on world class global equity management.

BlackRock to continue investing in Malaysia

The opportunity was there because of the valuations. Now, there needs to be a change in the fundamentals.

Ex-Mizuho Star To Launch Asia-Focused Credit Fund

"There seems to be more interest in Asian credit in general at the moment," he said.

Japan's Sumitomo sells £260m stake in Barclays

Japan's Sumitomo Mitsui Banking Corp has sold a £260m stake in Barclays, about half its holding in the British bank.

120 Banks sign Interbank Currency Transaction (TUKAB) Byelaws

The Deputy Governor of Bank Indonesia, Ronald Waas, witnessed the signing of national TUKAB byelaws

Brookfield Eyes Corporate Buyouts in Asia

Brookfield Asset Management has launched an aggressive expansion plan that will see the company invest and develop a client base in Asia.

CSC awards Challenger $250 million mandate

The Commonwealth Superannuation Corporation has awarded a $250 million mandate to investment management giant Challenger Limite

MIG Bank opens new subsidiary in Hong Kong

MIG Capital Asia, in a bid to expand Asian operations and improve its services and support for the markets in the continent.

BNP Paribas boosts commitment to Hong Kong

BNP Paribas Securities Services launches its full range of services targeting local fund in Hong Kong

SBI Mutual Fund to buy Daiwa’s Indian asset management business

“This acquisition will help SBI MF acquire a unique client base which will increase its penetration in retail and HNI (high-networth individual) space,” said the SBI release.

Asia-Pacific Region Records Fastest ETF Industry Growth

The Asia-Pacific region is currently the fastest growing market for the exchange traded fund business.

Sun Life Financial considering new acquisitions in southeast Asia

Sun Life Financial says it's considering making new acquisitions in Asia, both within its existing footprint and in other countries in the ASEAN region.

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