09/01/2013
HKMA sets first in breaking QFII quota record
Hong Kong’s central bank became the first overseas institution to receive over $1 billion in total QFII quota from China's State Administration of Foreign Exchange.
Alternative Investments
09/01/2013
Goodman grows full year operating profit to A$544 million
Strong financial position maintained – balance sheet gearing reduced to 18.5%[iv] and interest coverage ratio (ICR) of 5.0x
09/01/2013
Victoire Brasil Investimentos announces Asian joint venture
Aquico’s outstanding knowledge and expertise in emerging markets will broaden and deepen our research capability
08/30/2013
‘Emerging markets plan joint offshore forex intervention’
Emerging economies need to work out a co-ordinated action plan to quell speculation in overseas currency markets which is also fuelling the volatility in rupee.
08/30/2013
No proposal to convert idle gold into bullion: RBI
Bullion usually stands for gold in form of bars before coining.
08/29/2013
LVMH-Backed L Capital Raises $950 Million for Asian PE Fund
Instead, L Capital reached the $950 million cap it set in less than six months, thanks to support from sovereign wealth funds, pension funds and family offices from North America, Europe and Asia.
08/29/2013
China to expand trial program that allows the sale of bonds
Move can help ease banks' risks
08/29/2013
Philippine Retail Fund Market Remains Tough to Crack
Regulatory inertia weighs, but there is some hope for asset managers on the institutional front
08/29/2013
China-Africa Economic and Trade Cooperation (2013)
China joins other countries and international multilateral organizations
08/28/2013
Bank of China sets up onshore commodities trading unit
BOC used its overseas subsidiary to apply for a trading license.
08/27/2013
Hong Kong Billionaire Selling Out, Moving On
Shih Wing-ching warns of hostile environment for investment
08/27/2013
ICICI Prudential partners with Nordea Asset Management for global fund
ICICI Prudential Asset Management Company announced the launch of a fund which would collect money from Indian investors
08/26/2013
ICICI Prudential MF Launches 'Fund of Funds' Scheme
ICICI Prudential Mutual Fund launched an open-ended scheme which has the mandate to invest in overseas equities.
08/25/2013
Wells Fargo (Lux) Worldwide Fund's Foothold In Asia
Availability of the Wells Fargo (Lux) Worldwide Fund on these platforms makes it easy to research and trade in the sub-funds.
08/25/2013
GSAM readying global multi-asset proposition
Goldman Sachs Asset Management is building a global multi-asset proposition for retail and smaller institutional investors, most likely based out of London.
08/25/2013
AIMA Hedge Fund Forum targets greater cohesion
The AIMA Hedge Fund Forum has been created by the industry to foster best practice and growth among its participant
08/25/2013
Art as investment? Only if you love it
These reports make one wonder about the benefits of investing in art.
08/25/2013
HSBC Securities Services launches third party clearing in Singapore
Colin Brooks, global head of sub custody and clearing, said, “Singapore is a key market for our broker-dealer strategy and is pivotal for the development of our industry-leading solutions for this client group.
08/22/2013
IOOF quadruples net profit
The financial services firm’s statutory net profit after tax was $79.8 million for 2012/2013
08/21/2013
Singapore's UOB opens new advisory division in Jakarta
The foreign companies are using Singapore as a regional base for expansion into other emerging economics, including Indonesia, Malaysia, Thailand and Myanmar.