Managers of Wealth Asia Pacific

China PBOC Officiall: Yuan Trading Band May Be Widened

China could expand the yuan's daily trading band because the exchange rate is increasingly decided by market forces, a senior central bank official said at the weekend.

Barings launches renminbi bond fund

He will select investment grade issues from Chinese companies denominated in renminbi and US dollars, while also buying bonds from international companies which have renminbi-denominated debt.

Singapore's GIC to up stake in China insurance firm

CPIC said the proposed share placement "represents an opportunity to raise capital for the company while broadening the shareholder base.

Singapore realty investment trusts are best performing

Are luring investors after a shopping spree for properties across Asia gives them a broader stream of rental income

Take the SIP route to start investing in gold ETFs

There are several factors that support the higher prices of gold at current levels.

Nomura May Buy Asian Investment Bank or Broker, Nagai Says

The securities firm is reviewing “a couple” of potential acquisition targets in Asia, Nagai, 53, said in an interview in Tokyo Thursday.

AMP partners with Morningstar for research

Andy King, advice integration manager at AMP said he welcomed the appointment of Morningstar to support its existing internal research capability.

HKMA's e-bill to bring easier cross-border yuan settlement

Hong Kong has a high penetration rate of e-banking, as the average number of e-banking accounts grew 22 percent annually in the last 10 years.

Alpen Capital opens office in Bangalore

Alpen also operates a financial advisory and consultancy firm in India called Sarasin Alpen India, a subsidiary of the Swiss private bank, Bank Sarasin.

Banks in Asia boost electronic execution capabilities in race to get ahead

Gone are the days where aiming for mass market appeal was almost enough to get a slice of the action in Asia's structured products markets.

ING Said to Seek Single Buyer for Southeast Asia, Japan Unit

Bidders including Manulife Financial Corp. have expressed willingness to buy the Japanese operations as part of a deal for ING units in Hong Kong and Southeast Asia, said the people, who asked not to be identified as the process is private.

Credit Suisse launches Guerrilla 2012 algorithm in Asia Pacific

This development is further evidence of Credit Suisse’s global leadership in electronic trading.

Australians at risk of underinvestment in Asia

Australian Unity Investments is the funds management arm of Australian Unity – a national healthcare, financial services and retirement living organisation providing services to some 620,000 Australians, including 320,000 members nationwide.

Standard Life plans to quadruple operations in Asia and emerging markets

The five-year plan is to be spearheaded by Nathan Parnaby, who took on the newly-created role of chief executive of Asia in a recent shake up of senior personnel at the Edinburgh-based firm by chief executive David Nish.

HKMA: HK Exchange Fund Total Assets HK$2.608 Tln End-July

The rise in foreign currency assets was mainly due to an increase in unsettled purchases of securities and valuation gains on foreign currency investments.

ABN inks deal with Korea Trade Insurance Corporation

Both parties will also share non-confidential information and provide financial consulting on shipping and offshore finance, as well as to embark on human resources collaboration such as staff exchange.

Citi Awarded Fund Administration Mandate by China Asset Management

This mandate marks the continued expansion of Citi’s Renminbi (RMB) transaction services.

Man launches bond hedge fund with Nomura

“In an environment where market participant risk-taking in interest rates has been considerably reduced since 2008, this creates attractive alpha opportunities."

ABN paves the way for Asian-focused Tier 2

Banks have been focusing on Tier 2 bank debt in recent months due to the ongoing uncertainty surrounding Additional Tier 1.

ICBC Profit Rises 13%

ICBC Chairman Jiang Jianqing said the bank will reduce outstanding loans to property developers while encouraging personal mortgage loans.

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