Managers of Wealth Asia Pacific

UK Firm Shuts Down Asia Fund

The firm manages about $1.2 billion in assets and runs several funds focused on Asia.

Singapore Yacht Show to lure the ultra rich to the Lion City

The Singapore Yacht Show returns next April to entice Asia’s nouveaux riches to indulge in the luxury lifestyle enjoyed by the world’s elite yachting community.

Fed approves purchase of stake in Bank of East Asia

The U.S. Federal Reserve on Wednesday said it had approved the purchase of up to 9.9 percent of the voting shares of The Bank of East Asia Ltd, Hong Kong

Hermes Fund Managers Launches its Emerging Asia UCITS Fund

Hermes Fund Managers has announced the launch of its Emerging Asia UCITS fund.

Singapore's diamond market shines on luxury, investment appeal

"There's a lot more growth because it's such a small market in Singapore, and people who are coming in are becoming more aware of what's going on. It's only going to double," said Ms Sheth, who also crafts jewellery.

Indian duties impose a burden on Dubai’s jewellery trade

Jewellery trade sources here now say they are hopeful of a pullback by the Indian authorities on the import restrictions, more so because of the recent reform policies reinitiated by the government.

SinoPac plans to open Hong Kong smaller funds unit

SinoPac is targeting more than 1,000 hedge and private-equity funds

China Merchants Bank says Q3 net profit up 17 pct at 11.4 bln yuan

For a full statement on the results of China Merchants Bank Co Ltd

ETF Boom Predicted in Asia

Exchange traded fund usage in Asia is anticipated to grow at a fast pace, according to a new study by Greenwich Associates.

Dymon launches pvt equity fund with Temasek unit's backing

The firm aims to raise S$300 million ($246 million) for Dymon Asia Private Equity

Templeton to issue first China equity fund after 18 years

According to expectations from Templeton Investment Group, the A share market in China will rebound by the end of 2012.

State Street Appointed by UTI

"We recognise that UTI are looking for a partner that can provide both the deep product expertise and geographic support required to meet the diverse needs of their investors."

London-based alternative investment manager launches Central Asia UCITS Fund

Fund will invest primarily in equity securities of companies listed on regulated markets but which have a substantial exposure to Central Asia.

Tokyo-based asset manager launches ILS fund

Insurance-linked securities allow insurers, reinsurers or governments to manage their exposure to risks by passing on potential losses to investors via the capital markets.

AMP net cash flows surge in Q3

AMP's growth initiatives have continued to deliver positive results with a particularly significant rise in the net cash flows in the third quarter.

Ex-Morgan Grenfell CIO launches fund to exploit Asia consumer spending

Fisher said larger funds investing in the Asian consumer theme were often constrained by their size from accessing small and mid cap stocks, and so the Asian Prosperity fund would be capped at $200 million to remove this obstacle.

Hong Kong-based hedge fund acquires outsourcing platform

DragonBack Capital will now perform those back-office functions for Double Haven in-house

iShares appoints Standard Chartered as participating dealer for A-Shares ETFs

Standard Chartered has committed to participating in the iShares FTSE A50 China Index ETF* (*This is a synthetic ETF) and the iShares CSI sector funds.

Chinese sovereign wealth fund set to become a landlord in the UK’s most important office market

A Chinese sovereign wealth fund is set to become a landlord in the UK’s most important office market: the City of London.

Vietnam to welcome first open-end fund in 2012

Watchdog agencies have every reason to believe that the first open-end investment fund would make debut on the stock market this year.

Alternative Investments